Crypto Contest January 3: MahaDAO
MahaDAO (CoinMarketCap: MAHAUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of CoinMarketCap.com)
Elliott Wave Analysis
In Elliott Wave terms, MAHA began a red wave one advance on December 17, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 21, 2020 and the red wave two (blue sub-waves a-b-c) correction ended on December 29. If this wave count is correct, MAHA should be heading next towards the December 21, 2020 peak in the red wave three.
(Chart courtesy of CoinMarketCap.com)
Funnymentals
MAHA is a governance and utility token that will regulate ARTH value coins. Confident in Crypto reviewed the project last month.
(Sources: https://mahadao.com/)How Will MahaDAO Trade?
MahaDAO (CoinMarketCap: MAHAUSD) line chart by CoinMarketCap.
(Chart courtesy of CoinMarketCap.com)
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.
MAHA will takeout the December 21, 2020 peak
MAHA will drop below the December 17, 2020 low
MAHA will stay in a trading range between the December 17, 2020 low and the December 21, 2020 peak until February 9
MAHA will stay in a trading range between the December 17, 2020 low and the December 21, 2020 peak until February 9
MAHA will stay in a trading range between the December 17, 2020 low and the December 21, 2020 peak until February 9
MAHA will stay in a trading range between the December 17, 2020 low and the December 21, 2020 peak until February 9
MAHA will stay in a trading range between the December 17, 2020 low and the December 21, 2020 peak until February 9
MAHA will stay in a trading range between the December 17, 2020 low and the December 21, 2020 peak until February 9
MAHA will takeout the December 21, 2020 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@passat/qnlr1s
MAHA will stay in a trading range between the December 17, 2020 low and the December 21, 2020 peak until February 9
MAHA will drop below the December 17, 2020 low
MAHA will takeout the December 21, 2020 peak
Correct. Upvoted your comment:
https://steemit.com/hive-148441/@tarkow/qnvf93
MAHA will stay in a trading range between the December 17, 2020 low and the December 21, 2020 peak until February 9