Crypto Contest May 19: Steem

in #blockchain3 months ago

Steem (Binance: STEEMETH) 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, STEEM began a red wave one advance on February 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 19, and the red wave two (blue sub-waves a-b-c) correction ended on April 23. If this wave count is correct, STEEM should be heading next towards the March 19 peak in the red wave three.

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

How Will Steem Trade?

Steem (Binance: STEEMETH) 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.

STEEM will takeout the March 19 peak

STEEM will drop below the February 26 low

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

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STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will drop below the February 26 low

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will drop below the February 26 low

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will takeout the March 19 peak

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will takeout the March 19 peak

STEEM will drop below the February 26 low

STEEM will drop below the February 26 low

STEEM will takeout the March 19 peak

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

$trdo
!BEER
for you

Congratulations @eii, you successfuly trended the post shared by @maarnio!
@maarnio will receive 0.06153975 TRDO & @eii will get 0.04102650 TRDO curation in 3 Days from Post Created Date!

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STEEM will takeout the March 19 peak

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will takeout the March 19 peak

STEEM will drop below the February 26 low

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will takeout the March 19 peak

STEEM will takeout the March 19 peak

STEEM will stay in a trading range between the February 26 low and the March 19 peak until June 23

STEEM will drop below the February 26 low

Congratulations @maarnio, your post successfully recieved 0.06153975 TRDO from below listed TRENDO callers:

@eii earned : 0.0410265 TRDO curation


To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

STEEM will takeout the March 19 peak

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