Crypto Contest December 25: Ardor
Ardor has broken out of the channel in the two-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Ardor is currently in the wave five in the one-hour chart. If this wave count is correct, Ardor should takeout the December 24 peak in the coming days.
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Ardor.
If you think this analysis is correct, upvote this post and upvote the comment "Ardor will takeout the December 10 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Ardor will drop below the December 23 low".
If you think Ardor is in a range, upvote this post and upvote the comment "Ardor will stay in a trading range between the December 23 low and the December 10 peak until January 22, 2017".
You can upvote the comment until 3 PM EST December 26 and you can upvote only one comment. 150% of Steem (1.5 X 0.279 STEEM) from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
Ardor will drop below the December 23 low (3 voters as of 3 PM EST December 26: me-tarzan, twinner, landofcrypto).
You won.
Ardor will stay in a trading range between the December 23 low and the December 10 peak until January 22, 2017 (18 voters as of 3 PM EST December 26: helikopterben, bleujay, daveks, nextgen622, spinbunny, majes, ballinconscious, simonjay, idnit, jdbry, digit, idnit1, idnit9, steemradio, mrfoot, tamersameeh, legends, angels).
Thanks maarnio upvoted back merry xmas.
Thank you Simonjay. Merry Christmas!
This post has been ranked within the top 50 most undervalued posts in the second half of Dec 25. We estimate that this post is undervalued by $6.68 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Dec 25 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
Ardor will takeout the December 10 peak (3 voters as of 3 PM EST December 26: gregory-f, yefet, anotherjoe).