Crypto Contest February 27: GNY

in #blockchain3 years ago

GNY (Uniswap: GNYERC20WETH) 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, GNY began a red wave one advance on December 19, 2020. The red wave one peaked on January 5 this year and the red wave two correction ended on January 15. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on January 28 and the red wave four (blue sub-waves a-b-c) correction ended on February 9. If this wave count is correct, GNY should be heading next towards the January 28 peak in the red wave five.

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

Funnymentals

GNY is scalable blockchain platform allowing devs/enterprises build sidechains, dApps, launch tokens, run machine learning + more. Active Cryptos reviewed the project last month.

(Sources: https://www.gny.io/)

How Will GNY Trade?

GNY (Uniswap: GNYERC20WETH) 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.

GNY will takeout the January 28 peak

GNY will drop below the January 15 low

GNY will stay in a trading range between the January 15 low and the January 28 peak until April 5

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GNY will takeout the January 28 peak

GNY will stay in a trading range between the January 15 low and the January 28 peak until April 5

GNY will stay in a trading range between the January 15 low and the January 28 peak until April 5

GNY will drop below the January 15 low

GNY will stay in a trading range between the January 15 low and the January 28 peak until April 5

GNY will stay in a trading range between the January 15 low and the January 28 peak until April 5

GNY will stay in a trading range between the January 15 low and the January 28 peak until April 5

GNY will drop below the January 15 low

GNY will takeout the January 28 peak

GNY will stay in a trading range between the January 15 low and the January 28 peak until April 5

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