Crypto Contest July 25: MeshBox

in #blockchain4 years ago

MeshBox (HitBTC: MESHBTC) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, MESH began a red wave one advance in September 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in March 2020, and the red wave two (blue sub-waves a-b-c) correction ended in May. If this wave count is correct, MESH should be heading next towards the March 2020 peak in the red wave three.

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

Funnymentals

MeshBox combines network routing/storage/streaming to link all users without internet/telecom. You can read their latest update here.

(Sources: https://meshbox.network/)

How Will MeshBox Trade?

MeshBox (HitBTC: MESHBTC) weekly 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.

MESH will takeout the April peak

MESH will drop below the May low

MESH will stay in a trading range between the May low and the April peak until August 30

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MESH will takeout the April peak

MESH will takeout the April peak

MESH will stay in a trading range between the May low and the April peak until August 30

MESH will stay in a trading range between the May low and the April peak until August 30

MESH will stay in a trading range between the May low and the April peak until August 30

MESH will takeout the April peak

MESH caerá por debajo del mínimo de mayo

MESH will drop below the May low

MESH will stay in a trading range between the May low and the April peak until August 30

MESH will takeout the April peak

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