Crypto Contest October 5: Elrond
Elrond (Binance: EGLDUSDT) 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, EGLD began a red wave one advance on June 22. The red wave one peaked on July 5 and the red wave two correction ended on July 20. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on September 14 and the red wave four (blue sub-waves a-b-c) correction ended on September 21. If this wave count is correct, EGLD should be heading next towards the September 14 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Zooming out in the weekly chart, I believe EGLD is currently in the red wave three. The red wave one began in October 2020 and the red wave two correction ended on June 22 this year.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Elrond is a highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy. You can watch their latest presentation below.
(Sources: https://elrond.com/)
How Will Elrond Trade?
Elrond (Binance: EGLDUSDT) 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.
EGLD will takeout the September 14 peak
EGLD will drop below the September 7 low
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
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EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
!ENGAGE 100
!WINE
!LUV
!PIZZA
!BEER
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<><
@maarnio, you've been given LUV from @eii.
Check the LUV in your H-E wallet. (2/10)
!ENGAGE 100
!WINE
!LUV
!PIZZA
!BEER
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@eii, you've been given LUV from @maarnio.
Check the LUV in your H-E wallet. (2/10)
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EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@kunschj/re-maarnio-2021114t82914416z
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EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@toofasteddie/re-acesontop-r2645b
Posted Using LeoFinance Beta
Thanks
!LUV
<><
@maarnio, you've been given LUV from @toofasteddie.
Check the LUV in your H-E wallet. (1/1)
You are welcome.
!LUV
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<><
@toofasteddie, you've been given LUV from @maarnio.
Check the LUV in your H-E wallet. (1/5)
EGLD will drop below the September 7 low
I believe it will take out the september 7 peak because the resistance level at the september 7 peak was one that was tested but it held its grounds.
And it was finally broken and retested and it bounced of the resistance line again so there ade strong chances for it to take out the sept 14 peak.
Thanks @maarnio
Please i meant the september 14 peak not september 7 in my reply.
$rewarding
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The reward of this comment goes 100 % to the author mukoro. This is done by setting the beneficiaries of this comment to 100 %.
EGLD will drop below the September 7 low
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@ace108/r26ly9
Posted Using LeoFinance Beta
Thanks
You are welcome.
Posted Using LeoFinance Beta
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
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EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@lydon.sipe/re-maarnio-2021111t132347643z
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EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/sublimesunday/@sinlg/re-ace108-2021114t152648591z
Posted Using LeoFinance Beta
!WINE
!BEER
!LUV
!PIZZA
Congratulations, @valentin86 You Successfully Shared 0.100 WINEX With @maarnio.
You Earned 0.100 WINEX As Curation Reward.
You Utilized 1/1 Successful Calls.
Contact Us : WINEX Token Discord Channel
WINEX Current Market Price : 0.060
<><
@maarnio, you've been given LUV from @valentin86.
Check the LUV in your H-E wallet. (1/10)
!WINE
!BEER
!LUV
!PIZZA
Posted Using LeoFinance Beta
Congratulations, @maarnio You Successfully Shared 0.100 WINEX With @valentin86.
You Earned 0.100 WINEX As Curation Reward.
You Utilized 1/1 Successful Calls.
Contact Us : WINEX Token Discord Channel
WINEX Current Market Price : 0.060
<><
@valentin86, you've been given LUV from @maarnio.
Check the LUV in your H-E wallet. (1/10)
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@valentin86/re-maarnio-2021111t20290245z
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EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
!LUV
<><
@maarnio, you've been given LUV from @funnel.
Check the LUV in your H-E wallet. (2/4)
!LUV
Posted Using LeoFinance Beta
<><
@funnel, you've been given LUV from @maarnio.
Check the LUV in your H-E wallet. (3/10)
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/deutsch/@bitandi/re-reiseamateur-r1woow
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EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-146620/@sportsbuddy/re-green77-2021115t112757776z
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EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@gregory-f/r26i8t
Posted Using LeoFinance Beta
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
Posted Using LeoFinance Beta
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12 Posted Using LeoFinance Beta
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
Posted Using LeoFinance Beta
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
Posted Using LeoFinance Beta
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will drop below the September 7 low
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@wpage/r1yf6o
Posted Using LeoFinance Beta
EGLD will drop below the September 7 low
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@howyou/r24h13
Posted Using LeoFinance Beta
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@without/r1yf9w
Posted Using LeoFinance Beta
EGLD will drop below the September 7 low
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@mlkk/r1yfa1
Posted Using LeoFinance Beta
EGLD will drop below the September 7 low
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@voice71/r1yf6c
Posted Using LeoFinance Beta
EGLD will drop below the September 7 low
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will drop below the September 7 low
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@dangerousattack/r1ydzy
Posted Using LeoFinance Beta
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@kohr/r1ye01
Posted Using LeoFinance Beta
EGLD will drop below the September 7 low
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@verhollo/r1ydvv
Posted Using LeoFinance Beta
EGLD will drop below the September 7 low
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@asetat/r1ydw0
Posted Using LeoFinance Beta
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will drop below the September 7 low
EGLD will takeout the September 14 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@zazamorton/r1ydw8
Posted Using LeoFinance Beta
EGLD will drop below the September 7 low
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will stay in a trading range between the September 7 low and the September 14 peak until November 12
EGLD will takeout the September 14 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author koskl. This is done by setting the beneficiaries of this comment to 100 %.