Crypto Contest May 16: MileVerse

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MileVerse (Bithumb: MVCKRW) 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, MVC began a red wave one advance on May 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 9 and the red wave two (blue sub-waves a-b-c) correction ended on May 15. If this wave count is correct, MVC should be heading next towards the May 9 peak in the red wave three.

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

Zooming out in the line chart, I believe MVC is currently in the red wave five. The red wave one began in November 2020 and the red wave four correction ended on May 6 this year.

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

Funnymentals

MileVerse is a mileage exchange/integration payment platform that applies Blockchain technology to build an integrated mileage ecosystem that benefits everyone from corporations and customers to affiliated stores. You can read their whitepaper here.

(Sources: https://mileverse.com/en/)

How Will MileVerse Trade?

MileVerse (Bithumb: MVCKRW) four-hour 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.

MVC will takeout the May 9 peak

MVC will drop below the May 6 low

MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

Posted Using LeoFinance Beta



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87 comments
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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

!WINE
!LUV
!PIZZA
!BEER

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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

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MVC will drop below the May 6 low

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$rewarding

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The reward of this comment goes 100 % to the author gregory-f. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will drop below the May 6 low

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author bitandi. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

Posted Using LeoFinance Beta

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MVC will drop below the May 6 low

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author lydon.sipe. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will drop below the May 6 low

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author nezyar. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

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MVC will drop below the May 6 low

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author oneacc. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will takeout the May 9 peak

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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

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MVC will drop below the May 6 low

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author tanqu. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will takeout the May 9 peak

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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

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MVC will takeout the May 9 peak

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MVC will drop below the May 6 low

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author aminator. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will drop below the May 6 low

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author monsterbuster. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will drop below the May 6 low

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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

0
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0.000
avatar

MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

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0.000
avatar

MVC will drop below the May 6 low

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0.000
avatar

$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author wpage. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will takeout the May 9 peak

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MVC will drop below the May 6 low

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author mlkk. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

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MVC will takeout the May 9 peak

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0.000
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MVC will drop below the May 6 low

0
0
0.000
avatar

$rewarding

Posted Using LeoFinance Beta

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0.000
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The reward of this comment goes 100 % to the author howyou. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

0
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0.000
avatar

MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

0
0
0.000
avatar

MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

0
0
0.000
avatar

MVC will drop below the May 6 low

0
0
0.000
avatar

$rewarding

Posted Using LeoFinance Beta

0
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0.000
avatar

The reward of this comment goes 100 % to the author limit1984. This is done by setting the beneficiaries of this comment to 100 %.

0
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0.000
avatar

MVC will takeout the May 9 peak

0
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0.000
avatar

MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

0
0
0.000
avatar

MVC will drop below the May 6 low

0
0
0.000
avatar

$rewarding

Posted Using LeoFinance Beta

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0.000
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The reward of this comment goes 100 % to the author mhsm. This is done by setting the beneficiaries of this comment to 100 %.

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MVC will takeout the May 9 peak

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MVC will takeout the May 9 peak

0
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0.000
avatar

MVC will drop below the May 6 low

0
0
0.000
avatar

$rewarding

Posted Using LeoFinance Beta

0
0
0.000
avatar

The reward of this comment goes 100 % to the author asetat. This is done by setting the beneficiaries of this comment to 100 %.

0
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0.000
avatar

MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

0
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0.000
avatar

MVC will stay in a trading range between the May 6 low and the May 9 peak until June 22

0
0
0.000