Crypto Contest October 17: Pangolin

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Pangolin (Gate.io: PNGUSDT) 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, PNG began a red wave one advance on September 7. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 6 and the red wave two (blue sub-waves a-b-c) correction ended on October 13. If this wave count is correct, PNG should be heading next towards the October 6 peak in the red wave three.

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

Funnymentals

Pangolin is a community-driven decentralized exchange for Avalanche and Ethereum assets with fast settlement, low transaction fees, and a democratic distribution–powered by Avalanche. CRYPTO BULL reviewed the project one week ago.

(Sources: https://pangolin.exchange/)

How Will Pangolin Trade?

Pangolin (Gate.io: PNGUSDT) 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.

PNG will takeout the October 6 peak

PNG will drop below the September 7 low

PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

Posted Using LeoFinance Beta



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29 comments
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PNG will takeout the October 6 peak

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PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

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0.000
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PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

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0.000
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PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

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

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0.000
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!WINE
!hivebits
!PIZZA
!LOLZ
!BBH
!CTP
!ENGAGE 100
!LUV
!BEER

Posted Using LeoFinance Beta

0
0
0.000
avatar

PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

0
0
0.000
avatar

PNG will take out the October 6 peak.

0
0
0.000
avatar

PNG will take out the October 6 peak.

0
0
0.000
avatar

PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

Posted Using LeoFinance Beta

0
0
0.000
avatar

PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

0
0
0.000
avatar

PNG will takeout the October 6 peak

0
0
0.000
avatar

PNG will take out the October 6 peak.

0
0
0.000
avatar

PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

0
0
0.000
avatar

PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

Posted Using LeoFinance Beta

0
0
0.000
avatar

PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

0
0
0.000
avatar

PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23

0
0
0.000
avatar

PNG will takeout the October 6 peak

0
0
0.000