Crypto Contest April 28: Dogeswap
Dogeswap (Uniswap: DOGESWETH) 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, DOGES began a red wave one advance on April 16. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 20 and the red wave two (blue sub-waves a-b-c) correction ended on April 23. If this wave count is correct, DOGES should be heading next towards the April 20 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Dogeswap aggregates DeFi services and automatically finds you the best price for token swaps. You can find their whitepaper here.
(Sources: https://www.doge-swap.com/)
How Will Dogeswap Trade?
Dogeswap (Uniswap: DOGESWETH) 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.
DOGES will takeout the April 20 peak
DOGES will drop below the April 16 low
DOGES will stay in a trading range between the April 16 low and the April 20 peak until June 4
DOGES will stay in a trading range between the April 16 low and the April 20 peak until June 4
Correct. Upvoted your post:
https://steemit.com/photography/@simonjay/cat-b-and-w-photoshare-3-6-2021
DOGES will drop below the April 16 low
DOGES will takeout the April 20 peak
DOGES will takeout the April 20 peak
DOGES will stay in a trading range between the April 16 low and the April 20 peak until June 4
Correct. Upvoted your comment:
https://steemit.com/steemleo/@vanbasten/qtwofe
DOGES will drop below the April 16 low
DOGES will takeout the April 20 peak
DOGES will stay in a trading range between the April 16 low and the April 20 peak until June 4
Correct. Upvoted your comment:
https://steemit.com/steemleo/@nazonyan/qtwogb
DOGES will takeout the April 20 peak
DOGES will stay in a trading range between the April 16 low and the April 20 peak until June 4
Correct. Upvoted your comment:
https://steemit.com/steemleo/@imisstheoldkanye/qu46zl