#### Crypto Contest September 20: FTX Token
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FTX Token (FTX: FTTUSDT) has broken out of the triangle pattern in the daily chart.
![nimetön.png](https://cdn.steemitimages.com/DQmQXqyo2NZRAWrgPbJCcUV5bJ8pi8Zaa5SUoLiZWaJbBRk/nimet%C3%B6n.png)
(Chart courtesy of Tradingview.com (log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, FTX Token began a wave one advance on July 29. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 8, and the red wave two (blue sub-waves a-b-c) correction ended on September 2. If this wave count is correct, FTX Token should be heading next towards the August 8 peak in the red wave three.
![nimetön2.png](https://cdn.steemitimages.com/DQmNzcCGubKHJKrj8VWzG5AThnT6bQQRAGo4PnJCMvVT1Av/nimet%C3%B6n2.png)
(Chart courtesy of Tradingview.com (log scale))

**Funnymentals**

FTX is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading. You can watch the CEO interview below.
<iframe width="560" height="315" src="https://www.youtube.com/embed/UvoZ4R3qMZo" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://ftx.com/)



**How Will FTX Token Trade?**


FTX Token (FTX: FTTUSDT) daily chart by Tradingview.
![nimetön3.png](https://cdn.steemitimages.com/DQmXpdZtogzk41fYjU5heMbADvKnRovtpLoXvM3gFNyyBnZ/nimet%C3%B6n3.png)
(Chart courtesy of Tradingview.com (log scale))

**Prizes**

I will be giving upvotes to the correct answers with minimum reputation of 25.


**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.
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 - FTX Token will takeout the August 8 peak
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 - FTX Token will drop below the July 29 low
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 - FTX Token will stay in a trading range between the July 29 low and the August 8 peak until October 26
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*Answer the question at [dpoll.xyz](https://dpoll.xyz/detail/@maarnio/crypto-contest-september-20-ftx-token/).*