Crypto Contest October 31: Kava

Crypto Contest October 31: Kava

Kava (Binance: KAVAUSDT) has broken out of the triangle pattern in the two-hour chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Kava began a wave one advance on October 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on the same day, and the red wave two (blue sub-waves a-b-c) correction ended on October 28. If this wave count is correct, Kava should be heading next towards the October 25 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Kava is a cross-blockchain DeFi platform. The Crypto Lark interviewed the CEO one week ago.

How Will Kava Trade?

Kava (Binance: KAVAUSDT) two-hour chart by Tradingview.

(Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices.

• KAVA will takeout the October 25 peak

• KAVA will drop below the October 25 low

• KAVA will stay in a trading range between the October 25 low and the October 25 peak until December 6

Answer the question at dpoll.xyz.