Crypto Contest February 2: Bridge Oracle

Bridge Oracle (CoinEx: BRGUSDT) 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, BRG began a red wave one advance on November 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 17 and the red wave two (blue sub-waves a-b-c) correction ended on January 31. If this wave count is correct, BRG should be heading next towards the January 17 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Bridge Oracle is a public oracle on BNB Chain. You can find their latest monthly report here.

(Sources: https://bridge.link/)

How Will Bridge Oracle Trade?

Bridge Oracle (CoinEx: BRGUSDT) daily 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.

BRG will takeout the January 17 peak

BRG will drop below the November 10 low

BRG will stay in a trading range between the November 10 low and the January 17 peak until March 11

Posted Using LeoFinance Beta