Crypto Contest September 14: Yield Guild Games
Yield Guild Games (KuCoin: YGGUSDT) 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, YGG began a red wave one advance on September 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 12 and the red wave two (blue sub-waves a-b-c) correction ended on September 13. If this wave count is correct, YGG should be heading next towards the September 12 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))
Zooming out in the daily chart, I believe YGG is currently in the red wave three. The red wave one began on July 28 and the red wave two correction ended on September 10.
(Chart courtesy of Tradingview.com)
Funnymentals
YGG is a play-to-earn guild that brings players together to earn via NFT games. The Babylonians reviewed the project last month.
(Sources: https://yieldguild.io/)
How Will Yield Guild Games Trade?
Yield Guild Games (KuCoin: YGGUSDT) 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.
YGG will takeout the September 12 peak
YGG will drop below the September 10 low
YGG will stay in a trading range between the September 10 low and the September 12 peak until October 21
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