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Crypto Contest June 21: Orbs

maarnio

Published: 21 Jun 2020 › Updated: 21 Jun 2020Crypto Contest June 21: Orbs

Crypto Contest June 21: Orbs

Orbs (Bithumb: ORBSKRW) 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, ORBS began a red wave one advance on December 17, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 12 this year, and the red wave two (blue sub-waves a-b-c) correction ended on March 13. If this wave count is correct, ORBS should be heading next towards the February 12 peak in the red wave three.

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

Funnymentals

Orbs is a public enterprise blockchain. Artur Luhaäär interviewed Danny Brown Wolf of Orbs last month.

(Sources: https://www.orbs.com/)

How Will Orbs Trade?

Orbs (Bithumb: ORBSKRW) daily 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.

ORBS will takeout the February peak

ORBS will drop below the March low

ORBS will stay in a trading range between the March low and the February peak until July 26

Leave Crypto Contest June 21: Orbs to:

Written by

I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

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