Crypto Contest April 29: Chromia

Chromia (KuCoin: CHRBTC) 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, CHR began a wave one advance on January 29. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 8, and the red wave two (blue sub-waves a-b-c) correction ended on March 25. If this wave count is correct, CHR should be heading next towards the March 8 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))

Funnymentals

Chromia is both a blockchain and a relational database. Chromia token is participating in the Binance Community Round 8 vote. (Sources: https://chromia.com/)

How Will Chromia Trade?

Chromia (KuCoin: CHRBTC) 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.

CHR will takeout the March peak

CHR will drop below the January low

CHR will stay in a trading range between the January low and the March peak until June 2

Posted Using LeoFinance