Crypto Contest July 27: LeverFi
LeverFi (Binance: LEVERUSDT) 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, LEVER began a red wave one advance on July 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 16 and the red wave two (blue sub-waves a-b-c) correction ended on July 26. If this wave count is correct, LEVER should be heading next towards the July 16 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
LeverFi offers on-chain leverage trading using yield-bearing collateral. You can find more details about the project here.
(Sources: https://www.leverfi.io/)
How Will LeverFi Trade?
LeverFi (Binance: LEVERUSDT) four-hour 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.
LEVER will takeout the July 16 peak
LEVER will drop below the July 13 low
LEVER will stay in a trading range between the July 13 low and the July 16 peak until September 2
LEVER will stay in a trading range between the July 13 low and the July 16 peak until September 2
Correct. Upvoted your post:
https://steemit.com/steemit/@simonjay/daily-steem-price-update-1-9-2022
LEVER will takeout the July 16 peak
LEVER will stay in a trading range between the July 13 low and the July 16 peak until September 2
Correct. Upvoted your post:
https://steemit.com/hive-180932/@ace108/spotted-a-snail-on-the-walk-to-the-workplace-video-or-by-ace108
Thanks
You are welcome.
LEVER will drop below the July 13 low
@tipu curate
Upvoted 👌 (Mana: 7/8) Get profit votes with @tipU :)
LEVER will drop below the July 13 low
LEVER will drop below the July 13 low
Your post was upvoted and resteemed on @crypto.defrag
LEVER will stay in a trading range between the July 13 low and the July 16 peak until September 2
Correct. Upvoted your post:
https://steemit.com/hive-183653/@bgteam/weekly-delegation-reward-distribution-week-34-or-sedmichno-razpredelenie-na-nagradite-za-delegirane-sedmica-34
LEVER will stay in a trading range between the July 13 low and the July 16 peak until September 2
!shop
Correct. Upvoted your post:
https://steemit.com/hive-159906/@eii/myflowerphotography-02-09-2022
!shop
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Cold Pot
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