Multi Channel Influencer Creator Cloud Funding Platform (Bithumb: MCIKRW) 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, MCI began a red wave one advance on October 6. The red wave one finished on October 7 and the red wave two correction ended on October 8. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on October 15, and the red wave four (blue sub-waves a-b-c) correction ended on October 18. If this wave count is correct, MCI should be heading next towards the October 15 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Multi Channel Influencer is a platform that supports content creation with crowdfunding and incubating content creators with high-potential to make quality content for Youtube or other SNS. You can watch their intro video below.
(Sources: https://www.mcicoin.net/main-en.html)
How Will MCI Trade?
Multi Channel Influencer Creator Cloud Funding Platform (Bithumb: MCIKRW) 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.
MCI will takeout the September 18 peak
MCI will drop below the October 6 low
MCI will stay in a trading range between the October 6 low and the September 18 peak until November 26
MCI will stay in a trading range between the October 6 low and the September 18 peak until November 26