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Crypto Contest May 5: Chainge

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Markus Aarnio
@maarnio
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Chainge (Gate.io: CHNGUSDT) 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, CHNG began a red wave one advance on August 5, 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 5, 2021 and the red wave two (blue sub-waves a-b-c) correction ended on April 30 this year. If this wave count is correct, CHNG should be heading next towards the December 5, 2021 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

Chainge Finance is a DeFi fintech app founded in 2021. Tommy reviewed the project earlier this year.

(Sources: https://www.chainge.finance/)

How Will Chainge Trade?

Chainge (Gate.io: CHNGUSDT) 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.

CHNG will takeout the December 2021 peak

CHNG will drop below the August 2021 low

CHNG will stay in a trading range between the August 2021 low and the December 2021 peak until June 11

Posted Using LeoFinance Beta