Crypto Contest July 23: Ontology Gas

in #blockchain5 years ago

Ontology Gas (Binance: ONGUSDT) 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, ONG began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 30, and the red wave two (blue sub-waves a-b-c) correction ended on July 16. If this wave count is correct, ONG should be heading next towards the June 30 peak in the red wave three.

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

Funnymentals

Ontology is a blockchain for self-sovereign ID and data. You can read their latest update here.

(Sources: https://ont.io/)

How Will Ontology Gas Trade?

Ontology Gas (Binance: ONGUSDT) 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.

ONG will takeout the June 30 peak

ONG will drop below the June 15 low

ONG will stay in a trading range between the June 15 low and the June 30 peak until August 28

Sort:  

ONG will stay in a trading range between the June 15 low and the June 30 peak until August 28

ONG will drop below the June 15 low

ONG will drop below the June 15 low

ONG will takeout the June 30 peak

ONG will stay in a trading range between the June 15 low and the June 30 peak until August 28

ONG will drop below the June 15 low

ONG will stay in a trading range between the June 15 low and the June 30 peak until August 28

ONG will stay in a trading range between the June 15 low and the June 30 peak until August 28

ONG will takeout the June 30 peak

ONG will stay in a trading range between the June 15 low and the June 30 peak until August 28

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