Crypto Contest November 12: DeFiChain
DeFiChain (CoinMarketCap: DFIUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of CoinMarketCap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, DFI began a red wave one advance on July 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 24 and the red wave two (blue sub-waves a-b-c) correction ended on November 3. If this wave count is correct, DFI should be heading next towards the August 24 peak in the red wave three.
(Chart courtesy of CoinMarketCap.com (log scale))
Funnymentals
DeFiChain is enabling DeFi on Bitcoin. Bittrex Global held AMA with Julian Hosp three weeks ago.
(Sources: https://defichain.com/)How Will DeFiChain Trade?
DeFiChain (CoinMarketCap: DFIUSD) line chart by CoinMarketCap.
(Chart courtesy of CoinMarketCap.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.
DFI will takeout the August 24 peak
DFI will drop below the July 3 low
DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19
DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19
DFI will takeout the August 24 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@m29/qkws1k
DFI will takeout the August 24 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@passat/qkp0cn
DFI will takeout the August 24 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@koskl/qkw5x9
DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19
DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19
DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19
DFI will drop below the July 3 low
DFI will drop below the July 3 low
Hello to all the steemers participating in this contest 👋😊
I'm commenting with lots of love str8 from 🇰🇪
First of all I want to thank you for buying some more time & taking part in the contest, it's encouraging to see you guys 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 under my comment section 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.
$trdo
Here are the winners:
m29, passat, koskl, geytzy1995-hanna, siomara-2018, fredkese, imisstheoldkanye, richard78624, koskl, kutra, sporttr, tiktik, vaco, moneyandmoney, calg, bozdag, hn13, futurra, belsander, yuliyan
Here are the tips to the winners plus a bonus tip to the contest holder 👍![Screenshot_20201211083816~2.png](https://steemitimages.com/640x0/https://files.steempeak.com/file/steempeak/tonytrillions/5S2FsYjV-Screenshot_20201211-0838162.png)