Crypto Contest October 7: Force Protocol
Force Protocol (Huobi: FORUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, FOR began a wave one advance on September 4. The red wave one finished on the same day, and the red wave two (blue sub-waves a-b-c) correction ended on September 27. If this wave count is correct, FOR should be heading next towards the September 4 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The Force Protocol is an open source blockchain platform, providing cryptofinance solutions to developers.
(Sources: https://www.theforceprotocol.com/en-us/index.html)
How Will Force Protocol Trade?
Force Protocol (Huobi: FORUSDT) daily 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.
- FOR will takeout the September 4 peak
- FOR will drop below the September 4 low
- FOR will stay in a trading range between the September 4 low and the September 4 peak until November 12
Answer the question at dpoll.xyz.