Crypto Contest September 10: Serum

in LeoFinancelast month

Serum (Binance: SRMUSDT) 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, SRM began a red wave one advance on August 22. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 1, and the red wave two (blue sub-waves a-b-c) correction ended on September 6. If this wave count is correct, SRM should be heading next towards the September 1 peak in the red wave three.

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

Funnymentals

Serum is a decentralized derivatives exchange with trustless cross-chain trading. You can watch their intro video below.

(Sources: https://projectserum.com/)

How Will Serum Trade?

Serum (Binance: SRMUSDT) 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.

SRM will takeout the September 1 peak

SRM will drop below the August 22 low

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

Posted Using LeoFinance

Sort:  

SRM will takeout the September 1 peak

Posted Using LeoFinance

SRM will drop below the August 22 low

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@asetat/qhqa6r

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will takeout the September 1 peak

SRM will drop below the August 22 low

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@sait/qhu5u2

SRM will drop below the August 22 low

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM eliminará el pico del 1 de septiembre

SRM will takeout the September 1 peak

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

@tipu curate

Upvoted 👌 (Mana: 14/21)

Thanks.

Posted Using LeoFinance

☺️🤗

SRM will takeout the September 1 peak

It will stay in that trading range (option 3).

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

!BEER

!BEER

Posted Using LeoFinance


Hey @eii, here is a little bit of BEER from @maarnio for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.


Hey @maarnio, here is a little bit of BEER from @eii for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

SRM will takeout the September 1 peak

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will takeout the September 1 peak

SRM will drop below the August 22 low

SRM will drop below the August 22 low

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@oneacc/qhslv3

SRM will takeout the September 1 peak

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will drop below the August 22 low

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@tanqu/qhz4td

SRM will drop below the August 22 low

SRM will takeout the September 1 peak

SRM will takeout the September 1 peak

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will drop below the August 22 low

SRM will drop below the August 22 low

SRM will takeout the September 1 peak

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will takeout the September 1 peak

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will drop below the August 22 low

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@mshares/qhqb0v

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

SRM will drop below the August 22 low

SRM will stay in a trading range between the August 22 low and the September 1 peak until October 16

 last month Reveal Comment