Crypto Contest May 6: Unibright

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Unibright (HitBTC: UBTUSD) 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, UBT began a wave one advance on March 28. The blue wave one finished on April 7, and the blue wave two correction ended on April 16. The blue wave three advance finished on April 29, and the blue wave four correction ended on May 4. If this wave count is correct, UBT should be heading next towards the April 29 peak in the blue wave five.

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

Zooming out in the daily chart, I believe UBT is currently in the red wave three (blue sub-wave v). The red wave three began on March 28.

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

Funnymentals

Unibright offers a unified framework that aims to bring blockchain technology and smart contracts to mainstream usage. Hashoshi reviewed the project two weeks ago.

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

How Will Unibright Trade?

Unibright (HitBTC: UBTUSD) 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.

UBT will takeout the April 29 peak

UBT will drop below the April 16 low

UBT will stay in a trading range between the April 16 low and the April 29 peak until June 10

Posted Using LeoFinance

leofinance cryptocurrencies contest blockchain trading palnet unibright
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42 comments
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UBT will stay in a trading range between the April 16 low and the April 29 peak until June 10

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UBT will drop below the April 16 low

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UBT will drop below the April 16 low

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UBT will stay in a trading range between the April 16 low and the April 29 peak until June 10

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UBT will stay in a trading range between the April 16 low and the April 29 peak until June 10

!BEER

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UBT will stay in a trading range between the April 16 low and the April 29 peak until June 10

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0.000
Reply
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UBT will drop below the April 16 low

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Reply
avatar

UBT will drop below the April 16 low

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0.000
Reply
avatar

UBT will stay in a trading range between the April 16 low and the April 29 peak until June 10

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0.000
Reply
avatar

UBT will drop below the April 16 low

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Reply
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aqui mi visita,saludos desde venezuela igualmente a mi amigo kunschj que me visite,feliz tarde

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UBT will drop below the April 16 low

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0.000
Reply
avatar

UBT will stay in a trading range between the April 16 low and the April 29 peak until June 10

0
0
0.000
Reply
avatar

UBT will drop below the April 16 low

0
0
0.000
Reply
avatar

UBT will stay in a trading range between the April 16 low and the April 29 peak until June 10

0
0
0.000
Reply
avatar

UBT will stay in a trading range between the April 16 low and the April 29 peak until June 10

0
0
0.000
Reply
avatar

UBT will drop below the April 16 low

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0
0.000
Reply