Crypto Contest March 5: Access Protocol

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Access Protocol (KuCoin: ACSUSDT) 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, ACS began a red wave one advance on February 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 16 and the red wave two (blue sub-waves a-b-c) correction ended on March 4. If this wave count is correct, ACS should be heading next towards the February 16 peak in the red wave three.

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

Funnymentals

Access Protocol offers a new way for digital media publications and content creators to monetize their work. Instead of traditional subscription payments, users stake the ACS token to receive access to premium digital content. You can listen to their latest AMA here.

(Sources: https://www.accessprotocol.co/)

How Will Access Protocol Trade?

Access Protocol (KuCoin: ACSUSDT) four-hour chart by Tradingview.

(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.

ACS will takeout the February 16 peak

ACS will drop below the February 15 low

ACS will stay in a trading range between the February 15 low and the February 16 peak until April 11

Posted Using LeoFinance Beta

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68 comments
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ACS will stay in a trading range between the February 15 low and the February 16 peak until April 11

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This is 4 hour chart from the tradingview of ACSUSDT. I was anticipating other higher time frame like weekly to predict if ACS would surely fall or go up. From the chart, the bulls (ACS) is gradually losing its strength looking the volume and reversal of the red candlestick. There can be a breakout at the vertical line drawn or retracement at the region. But I need to watch the action from the trading view.

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Thanks for the analysis. I guess the range won..

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ACS will drop below the February 15 low

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ACS will stay in a trading range between the February 15 low and the February 16 peak until April 11

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Thanks so much !PGM

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ACS will takeout the February 16 peak

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ACS will stay in a trading range between the February 15 low and the February 16 peak until April 11

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ACS will stay in a trading range between the February 15 low and the February 16 peak until April 11

!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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!BBH
!WINE

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!WINE
!LOLZ
!LUV
!PIZZA

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!WINE
!LOLZ
!LUV
!PIZZA

Posted Using LeoFinance Beta

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(Edited)

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!WINE
!BEER

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ACS will stay in a trading range between the February 15 low and the February 16 peak until April 11

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ACS will drop below the February 15 low

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ACS will takeout the February 16 peak

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ACS will takeout the February 16 peak

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0.000
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ACS will stay in a trading range between the February 15 low and the February 16 peak until April 11

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0.000
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ACS will drop below the February 15 low

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