Crypto Contest April 23: Solcasino Token

M
maarnio

Solcasino Token (Orca: SCSUSD) has broken out of the triangle pattern in the daily chart.

SCS/USDC Chart Image
(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, SCS began a red wave one advance on January 23. The red wave one peaked on February 4 and the red wave two correction ended on March 8. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on March 27 and the red wave four (blue sub-waves a-b-c) correction ended on April 17. If this wave count is correct, SCS should be heading next towards the March 27 peak in the red wave five.

SCS/USDC Chart Image
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Solcasino is a crypto casino on Solana network. InvestAnswers reviewed the project three weeks ago.

 

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

How Will Solcasino Token Trade?

Solcasino Token (Orca: SCSUSD) daily chart by Tradingview.

SCS/USDC Chart Image
(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

SCS will takeout the March 27 peak

SCS will drop below the March 8 low

SCS will stay in a trading range between the March 8 low and the March 27 peak until May 29

Comments