Crypto Contest April 3: Carbon Utility Token

in cryptoblurt •  4 years ago 

Carbon Utility Token (Bittrex: CUTUSDT) 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, CUT began a red wave one advance on March 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 17 and the red wave two (blue sub-waves a-b-c) correction ended on March 30. If this wave count is correct, CUT should be heading next towards the March 17 peak in the red wave three.

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

Funnymentals

The Carbon Utility token is a tool that gives you tangible power over your carbon footprint, pushing the transition into renewables and a cleaner planet. Bittrex Global had AMA with the team one week ago.

(Sources: https://www.cut.eco/)

How Will Carbon Utility Token Trade?

Carbon Utility Token (Bittrex: CUTUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers.

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.

CUT will takeout the March 17 peak

CUT will drop below the March 11 low

CUT will stay in a trading range between the March 11 low and the March 17 peak until May 10

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Sort Order:  
  ·  4 years ago  ·  

CUT will drop below the March 11 low

  ·  4 years ago  ·  

Correct. Upvoted your comment:
https://blurtter.com/blurtimals/@misslea/qsiqhv