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Crypto Contest September 23: Cred

maarnio

Published: 23 Sept 2020 › Updated: 23 Sept 2020Crypto Contest September 23: Cred

Crypto Contest September 23: Cred

Cred (Huobi: LBAETH) 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, LBA began a red wave one advance on August 5. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 14, and the red wave two (blue sub-waves a-b-c) correction ended on September 22. If this wave count is correct, LBA should be heading next towards the August 14 peak in the red wave three.

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

Funnymentals

With Cred you can earn on the most popular digital assets on the blockchain. You can watch their latest AMA below.

(Sources: https://mycred.io/)

How Will Cred Trade?

Cred (Huobi: LBAETH) 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.

LBA will takeout the August 14 peak

LBA will drop below the August 5 low

LBA will stay in a trading range between the August 5 low and the August 14 peak until October 29

Leave Crypto Contest September 23: Cred to:

Written by

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

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