Crypto Contest October 24: DeFi.Ch

DeFi.ch (Bittrex: DFCHUSD) 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, DFCH began a red wave one advance on October 5. The red wave one peaked on October 6 and the red wave two correction ended on October 7. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on October 20 and the red wave four (blue sub-waves a-b-c) correction ended on October 23. If this wave count is correct, DFCH should be heading next towards the October 20 peak in the red wave five.

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

Funnymentals

DeFi.ch is a decentralized savings platform. You can watch their intro video below.

(Sources: https://www.defi.ch/)

How Will DeFi.ch Trade?

DeFi.ch (Bittrex: DFCHUSD) 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 (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.

DFCH will takeout the October 20 peak

DFCH will drop below the October 5 low

DFCH will stay in a trading range between the October 5 low and the October 20 peak until December 1