Crypto Contest April 16: Mute

avatar

Mute (MEXC: MUTEUSDT) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, MUTE began a red wave one advance on March 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 24 and the red wave two (blue sub-waves a-b-c) correction ended on April 8. If this wave count is correct, MUTE should be heading next towards the March 24 peak in the red wave three.

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

Funnymentals

Mute is a zkRollup based DEX, farming platform, and Bond platform built on Ethereum and zkSync. Decentralised News reviewed the project two weeks ago.

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

How Will Mute Trade?

Mute (MEXC: MUTEUSDT) daily 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

MUTE will takeout the March 24 peak

MUTE will drop below the March 11 low

MUTE will stay in a trading range between the March 11 low and the March 24 peak until May 22

Posted Using LeoFinance Beta

proofofbrain verifyyourbrain trading contest palnet neoxian cent leofinance
0
0
0.000
39 comments
avatar

MUTE will takeout the March 24 peak

0
0
0.000
Reply
avatar

MUTE will stay in a trading range between the March 11 low and the March 24 peak until May 22

0
0
0.000
Reply
avatar

MUTE will stay in a trading range between the March 11 low and the March 24 peak until May 22

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

MUTE will takeout the March 24 peak

!WINE

0
0
0.000
Reply
avatar

MUTE will takeout the March 24 peak

0
0
0.000
Reply
avatar

MUTE will take out the March 24 peak.

0
0
0.000
Reply
avatar

Congratulations @maarnio! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You have been a buzzy bee and published a post every day of the week.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

LEO Power Up Day - April 15, 2023
The Hive Gamification Proposal
0
0
0.000
Reply
avatar

MUTE will stay in a trading range between the March 11 low and the March 24 peak until May 22

0
0
0.000
Reply
avatar

MUTE will stay in a trading range between the March 11 low and the March 24 peak until May 22

!BEER
!BBH
!WINE

0
0
0.000
Reply
avatar

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

0
0
0.000
Reply
avatar

!BEER
!BBH
!WINE

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

!WINE
!HUG

0
0
0.000
Reply
avatar

MUTE will stay in a trading range between the March 11 low and the March 24 peak until May 22

0
0
0.000
Reply
avatar

MUTE will stay in a trading range between the March 11 low and the March 24 peak until May 22

0
0
0.000
Reply