Crypto Contest March 12: Wootrade

in #blockchain3 years ago

Wootrade (Huobi: WOOUSDT) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, WOO began a red wave one advance on January 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 25 and the red wave two (blue sub-waves a-b-c) correction ended on March 9. If this wave count is correct, WOO should be heading next towards the February 25 peak in the red wave three.

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

Funnymentals

Wootrade offers zero trading fees, deep liquidity, and a customizable GUI. Boxmining interviewed the co-founder four months ago.

(Sources: https://woo.network/token)

How Will Wootrade Trade?

Wootrade (Huobi: WOOUSDT) 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.

WOO will takeout the February 25 peak

WOO will drop below the January 5 low

WOO will stay in a trading range between the January 5 low and the February 25 peak until April 18

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WOO will stay in a trading range between the January 5 low and the February 25 peak until April 18

WOO will takeout the February 25 peak

WOO will takeout the February 25 peak

WOO will takeout the February 25 peak

WOO will takeout the February 25 peak

WOO will takeout the February 25 peak

WOO will stay in a trading range between the January 5 low and the February 25 peak until April 18

WOO will takeout the February 25 peak

WOO will drop below the January 5 low

WOO will stay in a trading range between the January 5 low and the February 25 peak until April 18

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