Crypto Contest December 14: Nervos Network

Crypto Contest December 14: Nervos Network

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Nervos Network (Huobi: CKBHT) 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, CKB began a wave one advance on November 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 25, and the red wave two (blue sub-waves a-b-c) correction ended on December 3. If this wave count is correct, CKB should be heading next towards the November 25 peak in the red wave three.

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

Funnymentals

Nervos Network is a multi-asset, store of value blockchain. BlockchainBrad interviewed the co-founder earlier this year.

(Sources: https://www.nervos.org/)

How Will Nervos Network Trade?

Nervos Network (Huobi: CKBHT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

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.

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• CKB will takeout the November 25 peak

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• CKB will drop below the November 19 low

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• CKB will stay in a trading range between the November 19 low and the November 25 peak until January 19

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Answer the question at dpoll.xyz.