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Crypto Contest November 16: Altura

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Markus Aarnio
@maarnio
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Altura (PancakeSwap: ALUUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, ALU began a red wave one advance on August 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 19 and the red wave two (blue sub-waves a-b-c) correction ended on September 29. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on November 3 and the red wave four (blue sub-waves a-b-c) correction ended on November 10. If this wave count is correct, ALU should be heading next towards the November 3 peak in the red wave five.

(Chart courtesy of Tradingview.com)

Funnymentals

Altura provides the tools and infrastructure for developers to create and integrate Smart NFTs in their video games and applications. Noaty Crypto reviewed the project two weeks ago.

(Sources: https://www.alturanft.com/)

How Will Altura Trade?

Altura (PancakeSwap: ALUUSD) 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.

ALU will takeout the November 3 peak

ALU will drop below the September 29 low

ALU will stay in a trading range between the September 29 low and the November 3 peak until December 24

Posted Using LeoFinance Beta