Crypto Contest September 25: Avalanche

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Avalanche (Binance: AVAXUSD) 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, AVAX began a red wave one advance on September 22. The red wave one finished on the same day, and the red wave two (blue sub-waves a-b-c) correction ended on September 23. If this wave count is correct, AVAX should be heading next towards the September 22 peak in the red wave three.

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

Funnymentals

Avalanche is a highly-scalable, open-source platform for launching decentralized applications. Crypt0 interviewed the CEO three days ago.

(Sources: https://www.avalabs.org/)

How Will Avalanche Trade?

Avalanche (Binance: AVAXUSD) 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.

AVAX will takeout the September 22 peak

AVAX will drop below the September 22 low

AVAX will stay in a trading range between the September 22 low and the September 22 peak until October 31

Posted Using LeoFinance

leofinance cryptocurrencies contest blockchain trading palnet avalanche
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67 comments
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AVAX will drop below the September 22 low

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AVAX will stay in a trading range between the September 22 low and the September 22 peak until October 31

!BEER
for you

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AVAX will takeout the September 22 peak

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AVAX will drop below the September 22 low

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AVAX will takeout the September 22 peak

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AVAX will drop below the September 22 low

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AVAX will drop below the September 22 low

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AVAX will stay in a trading range between the September 22 low and the September 22 peak until October 31

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$rewarding 70

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

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AVAX will takeout the September 22 peak

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AVAX will takeout the September 22 peak

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AVAX will takeout the September 22 peak

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AVAX will drop below the September 22 low

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AVAX will takeout the September 22 peak

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AVAX will drop below the September 22 low

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AVAX will drop below the September 22 low

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AVAX will takeout the September 22 peak

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hey @maarnio, is it september 22 peak and september 22 low, or september 22 peak and september 23 low? cheers

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It is September 22 peak and September 22 low.

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AVAX will drop below the September 22 low

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AVAX will drop below the September 22 low

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AVAX will stay in a trading range between the September 22 low and the September 22 peak until October 31

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$rewarding 70

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

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