Crypto Contest January 6: WhiteCoin

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WhiteCoin (Bittrex: XWCUSDT) 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, XWC began a red wave one advance on November 26, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 21, 2020 and the red wave two (blue sub-waves a-b-c) correction ended on January 3 this year. If this wave count is correct, XWC should be heading next towards the December 21, 2020 peak in the red wave three.

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

Zooming out in the daily line chart, I believe XWC is currently in the red wave three. The red wave one (blue sub-waves i-ii-iii-iv-v) began in January 2016, and the red wave two (blue sub-waves a-b-c) correction ended in November 2019.

(Chart courtesy of CoinMarketCap.com)

Funnymentals

The Whitecoin public chain provides three main functions: cross-chain assets management, smart contracts, decentralized exchanges, and the core feature: community governance mechanisms. You can watch their intro video below.

(Sources: https://whitecoin.info/)

How Will WhiteCoin Trade?

WhiteCoin (Bittrex: XWCUSDT) 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.

XWC will takeout the December 21, 2020 peak

XWC will drop below the November 26, 2020 low

XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

Posted Using LeoFinance Beta



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59 comments
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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

!WINE
!BEER

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC permanecerá en un rango de negociación entre el mínimo del 26 de noviembre de 2020 y el pico del 21 de diciembre de 2020 hasta el 12 de febrero

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XWC will takeout the December 21, 2020 peak

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will drop below the November 26, 2020 low

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$rewarding 70

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author bitandi. This is done by setting the beneficiaries of this comment to 100 %.

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will drop below the November 26, 2020 low

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$rewarding 70

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author monsterbuster. This is done by setting the beneficiaries of this comment to 100 %.

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will drop below the November 26, 2020 low

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$rewarding 70

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author aminator. This is done by setting the beneficiaries of this comment to 100 %.

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will drop below the November 26, 2020 low

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0.000
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$rewarding 70

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author limit1984. This is done by setting the beneficiaries of this comment to 100 %.

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XWC will drop below the November 26, 2020 low

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$rewarding 70

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author kohr. This is done by setting the beneficiaries of this comment to 100 %.

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will takeout the December 21, 2020 peak

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XWC will takeout the December 21, 2020 peak

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XWC will drop below the November 26, 2020 low

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$rewarding 70

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author muscarno. This is done by setting the beneficiaries of this comment to 100 %.

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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0.000
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XWC will drop below the November 26, 2020 low

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0.000
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$rewarding 70

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author voice71. This is done by setting the beneficiaries of this comment to 100 %.

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XWC will takeout the December 21, 2020 peak

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XWC will drop below the November 26, 2020 low

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$rewarding 70

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author monnet. This is done by setting the beneficiaries of this comment to 100 %.

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will takeout the December 21, 2020 peak

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XWC will takeout the December 21, 2020 peak

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0.000
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XWC will drop below the November 26, 2020 low

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$rewarding 70

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author zazamorton. This is done by setting the beneficiaries of this comment to 100 %.

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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

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XWC will takeout the December 21, 2020 peak

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0.000
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XWC will stay in a trading range between the November 26, 2020 low and the December 21, 2020 peak until February 12

Posted Using LeoFinance Beta

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0.000