Crypto Contest August 13: Coin98

M
maarnio

Coin98 (Binance: C98USDT) 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, C98 began a red wave one advance on August 1. The red wave one peaked on August 2 and the red wave two correction ended on August 4. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on August 9 and the red wave four (blue sub-waves a-b-c) correction ended on August 11. If this wave count is correct, C98 should be heading next towards the August 9 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Coin98 is a decentralized finance solution that allows users access to cross-chain swaps, staking and yield farming. Crypto With James reviewed the project four days ago.

(Sources: https://www.coin98.com/)

How Will Coin98 Trade?

Coin98 (Binance: C98USDT) 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

C98 will takeout the August 9 peak

C98 will drop below the August 1 low

C98 will stay in a trading range between the August 1 low and the August 9 peak until September 18

Comments