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Crypto Contest November 12: CatchLive

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25
Markus Aarnio
@maarnio
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CatchLive (Bittrex: CLIUSDT) 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, CLI began a red wave one advance on October 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 3 and the red wave two (blue sub-waves a-b-c) correction ended on November 11. If this wave count is correct, CLI should be heading next towards the November 3 peak in the red wave three. (Chart courtesy of Tradingview.com)

Funnymentals

CatchLive is a user-rewarded SNS platform that integrates blockchain technology. You can find their whitepaper here. (Sources: https://www.catchlive.io/)

How Will CatchLive Trade?

CatchLive (Bittrex: CLIUSDT) daily chart by Tradingview. (Chart courtesy of Tradingview.com)

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25 (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.

CLI will takeout the November 3 peak

CLI will drop below the October 13 low

CLI will stay in a trading range between the October 13 low and the November 3 peak until December 20

Posted Using LeoFinance Beta