Civic (Binance: CVCUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, CVC began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 16, and the red wave two (blue sub-waves a-b-c) correction ended on June 27. If this wave count is correct, CVC should be heading next towards the June 16 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Civic is giving businesses and individuals the tools to control and protect identities. You can read their latest update here.
(Sources: https://www.civic.com/)
How Will Civic Trade?
Civic (Binance: CVCUSD) 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 and comment below.
CVC will takeout the June 16 peak
CVC will drop below the May 11 low
CVC will stay in a trading range between the May 11 low and the June 16 peak until August 14