Crypto Contest November 19: SRCGAME

SRCGAME (CoinEx: SGMUSDT) 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, SGM began a red wave one advance on October 18. The red wave one peaked on October 18 and the red wave two correction ended on October 20. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on November 15 and the red wave four ended on November 18. If this wave count is correct, SGM should be heading next towards the November 15 peak in the red wave five.

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

Funnymentals

SRCGAME is web3 gaming platform that builds legacy games, offers digital rights management via NFT standard, multiplayer gameplay and e-sport events. You can find their token allocation here.

(Sources: https://src-game.com/)

How Will SRCGAME Trade?

SRCGAME (CoinEx: SGMUSDT) 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

SGM will takeout the November 15 peak

SGM will drop below the November 13 low

SGM will stay in a trading range between the November 13 low and the November 15 peak until December 25

Posted Using InLeo Alpha