SwissBorg (Bitfinex: CHSBUSD) 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, CHSB began a red wave one advance on August 29. The red wave one peaked on September 9 and the red wave two correction ended on September 19. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on November 7 and the red wave four (blue sub-waves a-b-c) correction ended on November 13. If this wave count is correct, CHSB should be heading next towards the November 7 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
SwissBorg is making crypto asset management accessible to everyone. You can find their transparency roadmap here.
(Sources: https://swissborg.com/)
How Will SwissBorg Trade?
SwissBorg (Bitfinex: CHSBUSD) 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.
CHSB will takeout the November 7 peak
CHSB will drop below the August 29 low
CHSB will stay in a trading range between the August 29 low and the November 7 peak until December 26
CHSB will drop below the August 29 low
CHSB will drop below the August 29 low
CHSB will drop below the August 29 low