Crypto Contest September 7: xDai STAKE
xDai STAKE (Poloniex: STAKEUSDT) 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, STAKE began a red wave one advance on July 15. The red wave one finished on July 22, and the red wave two correction ended on July 27. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on September 2, and the red wave four (blue sub-waves a-b-c) correction ended on September 5. If this wave count is correct, STAKE should be heading next towards the September 2 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The xDai Chain is a stable payments blockchain designed for fast and inexpensive stable transactions. xDai is used for transactions, payments and fees, and STAKE is used to support Proof-of-Stake consensus. Cryptovator explained how you can stake your STAKE.
(Sources: https://www.xdaichain.com/)How Will xDai STAKE Trade?
xDai STAKE (Poloniex: STAKEUSDT) 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.
STAKE will takeout the September 2 peak
STAKE will drop below the August 24 low
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
Posted Using LeoFinance
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
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.View or trade
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.STAKE will takeout the September 2 peak
STAKE eliminará el pico del 2 de septiembre
STAKE will takeout the September 2 peak
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will takeout the September 2 peak
STAKE will takeout the September 2 peak
STAKE will drop below the August 24 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@voice71/qhfm5m
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will takeout the September 2 peak
STAKE will drop below the August 24 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@pipp/qhlzzw
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will takeout the September 2 peak
STAKE will takeout the September 2 peak
STAKE will takeout the September 2 peak
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will drop below the August 24 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@sait/qhhdu2
STAKE will drop below the August 24 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@limit1984/qhoi6o
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will drop below the August 24 low
Correct. Upvoted your post:
https://hive.blog/hive-193212/@jorgebgt/so-close-and-we-didn-t-see-it-coming-en-cast-tan-cerca-y-no-lo-vimos-llegar
STAKE will drop below the August 24 low
Correct. Upvoted your post:
https://hive.blog/hive-167922/@bntcamelo/como-podemos-hacer-que-las-empresas-acepten-hive-como-pago
STAKE will drop below the August 24 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@yova/re-maarnio-2020930t131141959z
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will takeout the September 2 peak
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will drop below the August 24 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@asetat/qhjfvb
STAKE will takeout the September 2 peak
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will drop below the August 24 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@mshares/qhjggn
STAKE will takeout the September 2 peak
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13
STAKE will drop below the August 24 low
Correct. Upvoted your post:
https://hive.blog/hive-114105/@rebe.torres12/butter-cookies
STAKE will drop below the August 24 low
Correct. Upvoted your post:
https://hive.blog/hive-174578/@jznsamuel/ocd-daily-issue-656