Crypto Contest June 23: THETA

in #blockchain6 years ago

THETA (Binance: THETAUSDT) 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, THETA began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 27, and the red wave two (blue sub-waves a-b-c) correction ended on June 12. If this wave count is correct, THETA should be heading next towards the May 27 peak in the red wave three.

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

Funnymentals

THETA is an open source protocol that powers a decentralized streaming network. Coin Bureau reviewed the project four months ago.

(Sources: https://www.thetatoken.org/)

How Will THETA Trade?

THETA (Binance: THETAUSDT) 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.

THETA will takeout the May 27 peak

THETA will drop below the May 10 low

THETA will stay in a trading range between the May 10 low and the May 27 peak until July 28

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THETA will stay in a trading range between the May 10 low and the May 27 peak until July 28

THETA will drop below the May 10 low

THETA will stay in a trading range between the May 10 low and the May 27 peak until July 28

THETA will stay in a trading range between the May 10 low and the May 27 peak until July 28

THETA will takeout the May 27 peak

Hello to all the steemers participating in this contest...

First of all I want to thank you for buying some more time & taking part in the contest, it's encouraging to see you fighting for crypto adoption and that's so thrilling and for that I have decided to tip the winners of today's contest.

@maarnio you know how we get down. just drop the names of the winners and I will tip all of them.

More giveaways & sponsorships coming your way, I will try my best to tip the winners of the contests held daily by our kind buddy @maarnio so we can engage more and create awareness on crypto adoption.
Till then, see ya at the finish line.

Universal crypto tipper, donor & sponsor

Tony.

Here are the winners:
novelcoronavirus, steem-d-anlovnit, bigdonald, moneyandmoney, masterwhale, eii, simonjay, stnr, vaco, melire, gretna, m29, diogosantos

here are the tips to the winners plus a double bonus tip for the contest holder;

IMG_20200728_221047.jpg

THETA will takeout the May 27 peak

THETA will drop below the May 10 low

THETA will stay in a trading range between the May 10 low and the May 27 peak until July 28

THETA will takeout the May 27 peak

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