Crypto Contest May 28: SwftCoin

SwftCoin (OKEx: SWFTCUSDT) 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, SWFTC began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 28, and the red wave two (blue sub-waves a-b-c) correction ended on May 12. If this wave count is correct, SWFTC should be heading next towards the April 28 peak in the red wave three.

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

Funnymentals

SWFT Blockchain is a cross-chain wallet, exchange, and payments platform.

(Sources: https://www.swft.pro/#/)

How Will SwftCoin Trade?

SwftCoin (OKEx: SWFTCUSDT) daily 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 and comment below.

SWFTC will takeout the April 28 peak

SWFTC will drop below the March 13 low

SWFTC will stay in a trading range between the March 13 low and the April 28 peak until July 2

Posted Using LeoFinance