Crypto Contest September 23: Moreal
Moreal (Bittrex: MORUSDT) 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, MOR began a red wave one advance on September 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 14 and the red wave two (blue sub-waves a-b-c) correction ended on September 14. If this wave count is correct, MOR should be heading next towards the September 14 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))
Funnymentals
Moreal is a Klaytn-based blockchain gaming project. You can find their token distribution here. (Sources: https://www.moreal.io/)
How Will Moreal Trade?
Moreal (Bittrex: MORUSDT) four-hour 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.
MOR will takeout the September 14 peak
MOR will drop below the September 13 low
MOR will stay in a trading range between the September 13 low and the September 14 peak until October 30
Posted Using LeoFinance Beta