Crypto Contest February 1: CORE MultiChain
CORE MultiChain (PancakeSwap: CMCXUSDT) 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, CMCX began a red wave one advance in October 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in November 2022 and the red wave two (blue sub-waves a-b-c) correction ended in January this year. If this wave count is correct, CMCX should be heading next towards the November 2022 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
CORE MultiChain (Cryptographic Object Resource Engine) is a PoS blockchain 3.0 framework focused on interoperability, scalability, and usability and privacy. You can watch their 2022 reflections below.
(Sources: https://www.coremultichain.com/)
How Will CORE MultiChain Trade?
CORE MultiChain (PancakeSwap: CMCXUSDT) 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.
CMCX will takeout the November 2022 peak
CMCX will drop below the October 2022 low
CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
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CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct. Upvoted your post:
https://hive.blog/hive-184309/@yeckingo1/wrestling-organization-online-giveaway-200
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CMCX will drop below the October 2022 low
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CMCX will takeout the November 2022 peak
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CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct.
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CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
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!hivebits
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!ENGAGE 100
!LUV
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Correct. Upvoted your post:
https://hive.blog/hive-172868/@eii/myrandomphotography-10032023
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CMCX will takeout the November 2022 peak
CMCX will takeout the November 2022 peak
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CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct. Upvoted your post:
https://hive.blog/hive-193552/@trincowski-pt/actifit-trincowski-pt-20230309t224643876z
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CMCX will takeout the November 2022 peak
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CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
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Correct. Upvoted your post:
https://hive.blog/hive-193552/@jfang003/actifit-jfang003-20230310t084937139z
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CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct. Upvoted your post:
https://hive.blog/deutsch/@monsterbuster/monsterbuster-s-risingstar-block-nr-861
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CMCX will drop below the October 2022 low
CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Lots of charts looking pretty good to me!
Yep. Early stages of a new bull market..
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Correct.
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CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct. Upvoted your post:
https://hive.blog/hive-105017/@ace108/marketfriday-1-for-1-breakfast-at-mcdonald-s-before-wisdom-tooth-extraction-video-or-by-ace108
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Thanks
You are welcome.
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CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct. Upvoted your post:
https://hive.blog/hive-193552/@fredkese/actifit-fredkese-20230309t220241568z
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Thank you
You are welcome.
CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct.
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CMCX will takeout the November 2022 peak
CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct. Upvoted your post:
https://hive.blog/hive-150329/@jorgebgt/earth-s-new-mini-moon
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CMCX will takeout the November 2022 peak
CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct. Upvoted your post:
https://hive.blog/time/@babangida/is-it-time-to-buy
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CMCX will stay in a trading range between the October 2022 low and the November 2022 peak until March 10
Correct. Upvoted your post:
https://hive.blog/hive-122315/@bntcamelo/what-does-bitcoin-have-to
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