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Crypto Contest May 6: Ariva

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Markus Aarnio
@maarnio
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Ariva (Bittrex: ARVUSDT) 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, ARV began a red wave one advance on March 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 26 and the red wave two (blue sub-waves a-b-c) correction ended on May 3. If this wave count is correct, ARV should be heading next towards the March 26 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

Ariva is a cryptocurrency created for travel & tourism payment and reward system. New to the Street TV interviewed Ms. Claudia Tapardel, Chief Communications Officer of Ariva two days ago.

(Sources: https://ariva.digital/)

How Will Ariva Trade?

Ariva (Bittrex: ARVUSDT) 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.

ARV will takeout the March 26 peak

ARV will drop below the March 10 low

ARV will stay in a trading range between the March 10 low and the March 26 peak until June 12

Posted Using LeoFinance Beta