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Crypto Contest May 17: Erugo World Coin

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Markus Aarnio
@maarnio
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Erugo World Coin (Bittrex: EWCUSDT) 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, EWC began a red wave one advance on March 20. The red wave one peaked on March 24 and the red wave two correction ended on March 24. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on May 9 and the red wave four correction ended on May 14. If this wave count is correct, EWC should be heading next towards the May 9 peak in the red wave five. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

Erugo World Coin is designed to connect the real economy system with the virtual reality-based Metaverse platform 'Erugo World'. You can watch their intro video below.

(Sources: https://www.erugocoin.com/)

How Will Erugo World Coin Trade?

Erugo World Coin (Bittrex: EWCUSDT) daily chart by Tradingview. (Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

EWC will takeout the May 9 peak

EWC will drop below the March 20 low

EWC will stay in a trading range between the March 20 low and the May 9 peak until June 23

Posted Using LeoFinance Beta