Crypto Contest June 5: Orchid
Orchid (Coinbase: OXTUSD) 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, OXT began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 9, and the red wave two (blue sub-waves a-b-c) correction ended on May 25. If this wave count is correct, OXT should be heading next towards the May 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
With Orchid you can keep your data private and access content anywhere. Coin Bureau reviewed the project five months ago.
(Sources: https://www.orchid.com/)How Will Orchid Trade?
Orchid (Coinbase: OXTUSD) 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.
OXT will takeout the May 9 peak
OXT will drop below the May 7 low
OXT will stay in a trading range between the May 7 low and the May 9 peak until July 10
OXT will takeout the May 9 peak
OXT will stay in a trading range between the May 7 low and the May 9 peak until July 10
OXT will takeout the May 9 peak
OXT will drop below the May 7 low
Correct. Upvoted your comment:
https://steemit.com/blockchain/@blackyear/qcdido
I will be tipping the winner of this contest with 1000 star tokens and some 100 pumpcoins because it's on da weekend and i feel generous
Thank you!
Here are the winners:
blackyear, novelcoronavirus, aminator, bigdonald, masterwhale, stnr, vaco, hn13
Am really sorry for the delay, where I come from I have been experiencing some network connectivity issues but now am back on track.
Here are the tips:
Thanks. Good to have you back online.
thanks for having me back bro. one love.
OXT will drop below the May 7 low
Correct. Upvoted your comment:
https://steemit.com/blockchain/@novelcoronavirus/qcd6w3
OXT will stay in a trading range between the May 7 low and the May 9 peak until July 10
OXT will stay in a trading range between the May 7 low and the May 9 peak until July 10
OXT will stay in a trading range between the May 7 low and the May 9 peak until July 10
OXT will takeout the May 9 peak