Crypto Contest June 11: BetProtocol

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BetProtocol (KuCoin: BEPROBTC) 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, BEPRO began a red wave one advance on February 15. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 11, and the red wave two (blue sub-waves a-b-c) correction ended on May 29. If this wave count is correct, BEPRO should be heading next towards the March 11 peak in the red wave three.

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

Funnymentals

BetProtocol enables entrepreneurs and developers to create gaming platforms in minutes. No coding required. You can watch their intro video below.

(Sources: https://early.betprotocol.com/)

How Will BetProtocol Trade?

BetProtocol (KuCoin: BEPROBTC) 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.

BEPRO will takeout the March 11 peak

BEPRO will drop below the February 15 low

BEPRO will stay in a trading range between the February 15 low and the March 11 peak until July 16

Posted Using LeoFinance

leofinance cryptocurrencies contest blockchain trading palnet betprotocol
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52 comments
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Congratulations @maarnio! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

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BEPRO will drop below the February 15 low

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BEPRO will stay in a trading range between the February 15 low and the March 11 peak until July 16

!BEER

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You need to stake more BEER (24 staked BEER allows you to call BEER one time per day)

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Honestly, I prefer to use Fibonacci retracement for Alts. Looking at the chart, the price action formed a W already, I will expect it to get to the price between April 21 and May 1.

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BEPRO will takeout the March 11 peak

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BEPRO will drop below the February 15 low

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BEPRO will takeout the March 11 peak

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BEPRO will drop below the February 15 low

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BEPRO will takeout the March 11 peak

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BEPRO will drop below the February 15 low

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BEPRO will drop below the February 15 low

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BEPRO will takeout the March 11 peak

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BEPRO will drop below the February 15 low

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BEPRO will drop below the February 15 low

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BEPRO will drop below the February 15 low

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BEPRO will drop below the February 15 low

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BEPRO will takeout the March 11 peak

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