Crypto Contest May 7: Crypterium

Crypterium (HitBTC: CRPTUSD) 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, CRPT began a wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in October 2019, and the red wave two (blue sub-waves a-b-c) correction ended in March this year. If this wave count is correct, CRPT should be heading next towards the October 2019 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))

Funnymentals

Crypterium is building a mobile app that lets users spend cryptocurrency in everyday life. Crypto Ride reviewed the project late last year.

(Sources: https://crypterium.com/)

How Will Crypterium Trade?

Crypterium (HitBTC: CRPTUSD) weekly 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.

CRPT will takeout the October 2019 peak

CRPT will drop below the April 2020 low

CRPT will stay in a trading range between the April 2020 low and the October 2019 peak until June 11

Posted Using LeoFinance