Crypto Contest August 6: THEKEY

in LeoFinance5 months ago

THEKEY (KuCoin: TKYBTC) 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, TKY began a red wave one advance on May 21. The red wave one finished on June 2, and the red wave two correction ended on July 1. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on July 19, and the red wave four (blue sub-waves a-b-c) correction ended on July 28. If this wave count is correct, TKY should be heading next towards the July 19 peak in the red wave five.

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

Funnymentals

THEKEY is a blockchain based identity verification technology being developed to create secure digital identities. You can read their latest AMA here.

(Sources: https://www.thekey.vip/#/homePage)

How Will THEKEY Trade?

THEKEY (KuCoin: TKYBTC) daily chart by Tradingview.

(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 and comment below.

TKY will takeout the July 19 peak

TKY will drop below the July 13 low

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

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TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@monnet/qg4wje

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will takeout the July 19 peak

TKY will drop below the July 13 low

TKY will drop below the July 13 low

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will drop below the July 13 low

TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@seemoon/qg6obi

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will takeout the July 19 peak

TKY sacará el pico del 19 de julio

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

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TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will drop below the July 13 low

TKY will drop below the July 13 low

TKY se llevará el pico del 19 de julio

TKY will takeout the July 19th peak

TKY will drop below the July 13 low

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will takeout the July 19 peak

TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@nezyar/qg4w5s

TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@verhollo/qg3350

TKY will drop below the July 13 low

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@frit/qg33vp

TKY will drop below the July 13 low

TKY will drop below the July 13 low

TKY will takeout the July 19 peak

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@pipp/qg4wod

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-174578/@kalasat/qg53hq

TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-174578/@walku/qg76ag

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11

TKY will drop below the July 13 low

TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-174578/@goddar/qg3gqu

TKY will takeout the July 19 peak

Correct. Upvoted your comment:
https://hive.blog/hive-174578/@kalasat/qg3cqh

TKY will stay in a trading range between the July 13 low and the July 19 peak until September 11