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Crypto Contest December 19: GameSwift

maarnio - 2023-12-19 12:16:54

GameSwift (Bybit: GSWIFTUSDT) has broken out of the triangle pattern in the four-hour chart.
https://i.postimg.cc/sDtTxLXT/Nimet-n.png
(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, GSWIFT began a red wave one advance on December 7. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 15 and the red wave two (blue sub-waves a-b-c) correction ended on December 18. If this wave count is correct, GSWIFT should be heading next towards the December 15 peak in the red wave three.
https://i.postimg.cc/wMsg5Pdw/nimet-n2.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


GameSwift is a modular blockchain network comprising the gaming-optimized Layer 1 and zkEVM rollups designed on demand for specific games. You can watch their tokenomics video below.



(Sources: https://gameswift.io/)


How Will GameSwift Trade?


GameSwift (Bybit: GSWIFTUSDT) four-hour chart by Tradingview.
https://i.postimg.cc/TY9wQKLm/nimet-n3.png
(Chart courtesy of Tradingview.com(log scale))


Prizes


I will be giving upvotes to the correct answers (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


GSWIFT will takeout the December 15 peak


GSWIFT will drop below the December 7 low


GSWIFT will stay in a trading range between the December 7 low and the December 15 peak until January 24, 2024