Crypto Contest July 16: Vulcan Forged PYR

in #steemleo3 years ago

Vulcan Forged PYR (Uniswap: PYRWETH) 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, PYR began a red wave one advance on April 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 30 and the red wave two (blue sub-waves a-b-c) correction ended on June 13. If this wave count is correct, PYR should be heading next towards the April 30 peak in the red wave three.

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

Funnymentals

Vulcan Forged is a blockchain game studio and NFT marketplace. You can watch their presentation below.

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

How Will Vulcan Forged PYR Trade?

Vulcan Forged PYR (Uniswap: PYRWETH) 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.

PYR will takeout the April 30 peak

PYR will drop below the April 5 low

PYR will stay in a trading range between the April 5 low and the April 30 peak until August 22

Sort:  

PYR will stay in a trading range between the April 5 low and the April 30 peak until August 22

PYR will stay in a trading range between the April 5 low and the April 30 peak until August 22

PYR will stay in a trading range between the April 5 low and the April 30 peak until August 22

PYR will drop below the April 5 low

PYR will stay in a trading range between the April 5 low and the April 30 peak until August 22

PYR will takeout the April 30 peak

PYR will takeout the April 30 peak

PYR will takeout the April 30 peak

PYR will stay in a trading range between the April 5 low and the April 30 peak until August 22
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