Crypto Contest February 25: AGA Token
AGA Token (Uniswap: AGAWETH) 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, AGA began a red wave one advance on December 12, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 22 this year and the red wave two (blue sub-waves a-b-c) correction ended on February 19. If this wave count is correct, AGA should be heading next towards the January 22 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the weekly chart, I believe AGA is currently in the red wave three (blue sub-wave iii). The red wave one began on August 7, 2020 and the red wave two correction ended on December 12, 2020.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
AGA is a decentralized Bitcoin mining protocol that relies on AGA Token for its governance and AGAr Token for monthly rewards. Wyckoff SMI / LearnCrypto interviewed the CEO last year.
(Sources: https://agatoken.com/)How Will AGA Token Trade?
AGA Token (Uniswap: AGAWETH) 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.
AGA will takeout the January 22, 2021 peak
AGA will drop below the December 12, 2020 low
AGA will stay in a trading range between the December 12, 2020 low and the January 22, 2021 peak until April 3
AGA will stay in a trading range between the December 12, 2020 low and the January 22, 2021 peak until April 3
AGA will stay in a trading range between the December 12, 2020 low and the January 22, 2021 peak until April 3
AGA will takeout the January 22, 2021 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@moneyandmoney/qqb0jh
AGA will takeout the January 22, 2021 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@calg/qqb0a8
AGA will takeout the January 22, 2021 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@masterwhale/qqb0jy
AGA will stay in a trading range between the December 12, 2020 low and the January 22, 2021 peak until April 3
AGA will stay in a trading range between the December 12, 2020 low and the January 22, 2021 peak until April 3
AGA will stay in a trading range between the December 12, 2020 low and the January 22, 2021 peak until April 3
AGA will stay in a trading range between the December 12, 2020 low and the January 22, 2021 peak until April 3
AGA will drop below the December 12, 2020 low