Crypto Contest February 13: HydraDX
HydraDX (Kraken: HDXUSD) 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, HDX began a red wave one advance on January 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 26 and the red wave two (blue sub-waves a-b-c) correction ended on February 8. If this wave count is correct, HDX should be heading next towards the January 26 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
The project aims to enable frictionless liquidity for all cryptoassets, as well as build an open, neutral & autonomous protocol for liquidity. Cryptozilla reviewed the project one month ago.
(Sources: https://hydradx.io/)
How Will HydraDX Trade?
HydraDX (Kraken: HDXUSD) 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.
HDX will takeout the January 26 peak
HDX will drop below the January 25 low
HDX will stay in a trading range between the January 25 low and the January 26 peak until March 22
HDX will drop below the January 25 low
Correct. Upvoted your post:
https://steemit.com/steemit/@simonjay/daily-steem-price-update-11-3-2023
HDX will drop below the January 25 low
Correct. Upvoted your post:
https://steemit.com/hive-120861/@jmehta/why-investing-in-tesla-is-so-controversial
Thank you, friend!
![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmd7of2TpLGqvckkrReWahnkxMWH6eMg5upXesfsujDCnW/image.png)
![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmWDnFh7Kcgj2gdPc5RgG9Cezc4Bapq8sQQJvrkxR8rx5z/image.png)
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.
HDX will stay in a trading range between the January 25 low and the January 26 peak until March 22
maarnio, thanks for your kindness to gift SHOP to 4 steemians, you have been received a 64.51% upvote from me~
@tipu curate
HDX will stay in a trading range between the January 25 low and the January 26 peak until March 22
!shop
!shop
Hi~ eii!
![](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmadPZSURDoChgXH9xMdFHEHApQBacDnDK1oUJy5MwVgGF/shop.jpg)
@maarnio has gifted you 1 SHOP!
Currently you have: 435 SHOP
View or Exchange
Are you bored? Play Rock,Paper,Scissors game with me!SHOP
Please go to steem-engine.net.Hi~ maarnio!
![](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmadPZSURDoChgXH9xMdFHEHApQBacDnDK1oUJy5MwVgGF/shop.jpg)
@eii has gifted you 1 SHOP!
Currently you have: 106 SHOP
View or Exchange
Are you bored? Play Rock,Paper,Scissors game with me!SHOP
Please go to steem-engine.net.HDX will stay in a trading range between the January 25 low and the January 26 peak until March 22
HDX will takeout the January 26 peak
HDX will stay in a trading range between the January 25 low and the January 26 peak until March 22