Crypto Contest October 30: Speedy

Speedy (Uniswap: SPEEDYUSD) 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, SPEEDY began a red wave one advance on September 26. The red wave one peaked on October 4 and the red wave two correction ended on October 6. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on October 21 and the red wave four (blue sub-waves a-b-c) ended on October 25. If this wave count is correct, SPEEDY should be heading next towards the October 21 peak in the red wave five.

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

Funnymentals

In the wild world of crypto, where every new coin races to the top, one little turtle is making waves with a time-tested motto: "Slow and Steady Wins the Race." Crypto - Now or Never reviewed the project three days ago.

(Sources: https://speedytheturtle.xyz/)

How Will Speedy Trade?

Speedy (Uniswap: SPEEDYUSD) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (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

SPEEDY will takeout the October 21 peak

SPEEDY will drop below the October 25 low

SPEEDY will stay in a trading range between the October 25 low and the October 21 peak until December 5

Posted Using InLeo Alpha