Crypto Contest January 11: Fusionist

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Fusionist (Binance: ACEUSDT) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, ACE began a red wave one advance on December 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 21 and the red wave two (blue sub-waves a-b-c) correction ended on January 10. If this wave count is correct, ACE should be heading next towards the December 21 peak in the red wave three.

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

Funnymentals

Fusionist is a blockchain game & game infrastructure layer. University of Crypto reviewed the project three weeks ago.

(Sources: https://ace.fusionist.io/)

How Will Fusionist Trade?

Fusionist (Binance: ACEUSDT) daily 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

ACE will takeout the December 21 peak

ACE will drop below the December 18 low

ACE will stay in a trading range between the December 18 low and the December 21 peak until February 16

Posted Using InLeo Alpha

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63 comments
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Hi dear @maarnio

This is a great analysis and we will see more breakouts because of the recent positive update. Keep sharing.

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since we can see a break out in the triangle pattern, I believe we will see some higher high movements which will test the December 21 price and eventually go beyond it.

I go for the first option, ACE will take out the December 21 peak price.

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ACE will stay in a trading range between the December 18 low and the December 21 peak until February 16

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ACE will drop below the December 18 low

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ACE will takeout the December 21 peak

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ACE will stay in a trading range between the December 18 low and the December 21 peak until February 16

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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ACE will drop below the December 18 low

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Hi dear @maarnio This is a great analysis and we will see more breakouts because of the recent positive update. Keep sharing.

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ACE will stay in a trading range between the December 18 low and the December 21 peak until February 16

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ACE will stay in a trading range between the December 18 low and the December 21 peak until February 16

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Reply