Crypto Contest October 13: Proof Of Liquidity

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Proof Of Liquidity (KuCoin: POLUSDT) 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, POL began a red wave one advance on June 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 20 and the red wave two (blue sub-waves a-b-c) correction ended on October 12. If this wave count is correct, POL should be heading next towards the June 20 peak in the red wave three.

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

Funnymentals

Pool-X is an exchange that provides liquidity for staked crypto. MaximusCrypto reviewed the project earlier this year.

(Sources: pool-x.io)

How Will Proof Of Liquidity Trade?

Proof Of Liquidity (KuCoin: POLUSDT) 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.

POL will takeout the June 20 peak

POL will drop below the June 19 low

POL will stay in a trading range between the June 19 low and the June 20 peak until November 19

Posted Using LeoFinance Beta



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POL will stay in a trading range between the June 19 low and the June 20 peak until November 19

!WINE
!hivebits
!PIZZA
!LOLZ
!BBH
!CTP
!ENGAGE 100
!LUV
!BEER

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!WINE
!hivebits
!PIZZA
!LOLZ
!BBH
!CTP
!ENGAGE 100
!LUV
!BEER

Posted Using LeoFinance Beta

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(Edited)

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@maarnio(1/5) tipped @eii (x1)
eii tipped maarnio (x1)

You can now send $PIZZA tips in Discord via tip.cc!

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POL will drop below the June 19 low

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POL will takeout the June 20 peak

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POL will takeout the June 20 peak

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