Crypto Contest April 10: 3X Short Dogecoin Token
3X Short Dogecoin Token (FTX: DOGEBEARUSD) 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, DOGEBEAR began a red wave A (blue sub-waves a-b-c) advance on February 9. The red wave A finished on March 13, and the red wave B (blue sub-waves a-b-c) correction ended on April 8. If this wave count is correct, DOGEBEAR should be heading next towards the March 13 peak in the red wave C.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
3X Short Dogecoin Token (DOGEBEAR) is an ERC20 token which seeks a return that corresponds to -3 times the daily return of Dogecoin.
(Sources: https://ftx.com/tokens/DOGEBEAR)
How Will DOGEBEAR Trade?
3X Short Dogecoin Token (FTX: DOGEBEARUSD) 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.
DOGEBEAR will takeout the March 13 peak
DOGEBEAR will drop below the February 9 low
DOGEBEAR will stay in a trading range between the February 9 low and the March 13 peak until May 14
DOGEBEAR will stay in a trading range between the February 9 low and the March 13 peak until May 14
DOGEBEAR will takeout the March 13 peak
DOGEBEAR will stay in a trading range between the February 9 low and the March 13 peak until May 14
DOGEBEAR will takeout the March 13 peak
DOGEBEAR will takeout the March 13 peak
DOGEBEAR will takeout the March 13 peak
DOGEBEAR will stay in a trading range between the February 9 low and the March 13 peak until May 14
!invest_vote
@freiheit50 denkt du hast ein Vote durch @investinthefutur verdient!
@freiheit50 thinks you have earned a vote of @investinthefutur !
DOGEBEAR will stay in a trading range between the February 9 low and the March 13 peak until May 14
DOGEBEAR will drop below the February 9 low
Correct. Upvoted your post:
https://steemit.com/hive-142013/@jmehta/appics-v1-appics-im-193750