Crypto Contest October 1: DAD

in #blockchain4 years ago

DAD (Bithumb: DADKRW) 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, DAD began a red wave one advance on March 12. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 8, and the red wave two (blue sub-waves a-b-c) correction ended on September 6. If this wave count is correct, DAD should be heading next towards the June 8 peak in the red wave three.

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

Funnymentals

DAD Chain claims to be a new generation of decentralized advertising blockchain dedicated to building the infrastructure to connect global advertisements. You can read their latest monthly report here.

(Sources: https://dad.one/)

How Will DAD Trade?

DAD (Bithumb: DADKRW) 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.

DAD will takeout the June 8 peak

DAD will drop below the March 12 low

DAD will stay in a trading range between the March 12 low and the June 8 peak until November 6

Sort:  

DAD will stay in a trading range between the March 12 low and the June 8 peak until November 6

DAD will stay in a trading range between the March 12 low and the June 8 peak until November 6

DAD will drop below the March 12 low

DAD will takeout the June 8 peak

DAD will drop below the March 12 low

DAD will drop below the March 12 low

DAD will drop below the March 12 low

DAD will stay in a trading range between the March 12 low and the June 8 peak until November 6

DAD will takeout the June 8 peak

DAD will stay in a trading range between the March 12 low and the June 8 peak until November 6

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