Crypto Contest July 10: Dock

Dock (Binance: DOCKBTC) has broken out of the triangle pattern in the weekly chart. (Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, DOCK began a red wave one advance in August 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in September 2019, and the red wave two (blue sub-waves a-b-c) correction ended in May this year. If this wave count is correct, DOCK should be heading next towards the September 2019 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))

Funnymentals

Dock offers blockchain infrastructure and tooling for verifiable credentials. You can read their roadmap here. (Sources: https://www.dock.io/)

How Will DOCK Trade?

Dock (Binance: DOCKBTC) 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.

DOCK will takeout the September 2019 peak

DOCK will drop below the August 2019 low

DOCK will stay in a trading range between the August 2019 low and the September 2019 peak until August 15

Posted Using LeoFinance