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Crypto Contest November 29: SUN

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Markus Aarnio
@maarnio
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SUN (Binance: SUNUSDT) has broken out of the triangle pattern in the four-hour chart. (Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, SUN began a red wave one advance on November 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 24 and the red wave two (blue sub-waves a-b-c) correction ended on November 26. If this wave count is correct, SUN should be heading next towards the November 24 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))

Funnymentals

SUN focuses on the decentralized finance potential of TRON. Oliver's Twist reviewed the token last month.

(Sources: https://sun.io/)

How Will SUN Trade?

SUN (Binance: SUNUSDT) four-hour 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.

SUN will takeout the November 24 peak

SUN will drop below the November 3 low

SUN will stay in a trading range between the November 3 low and the November 24 peak until January 5, 2021

Posted Using LeoFinance Beta