Crypto Contest October 23: MiL.K

in #blockchain4 years ago

MiL.k (KuCoin: MLKUSDT) 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, MLK began a red wave one advance on October 8. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 16 and the red wave two (blue sub-waves a-b-c) correction ended on October 20. If this wave count is correct, MLK should be heading next towards the October 16 peak in the red wave three.

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

Funnymentals

MiL.k platform connects various service companies in travel, leisure, and lifestyle sectors by enabling integration and trade of their reward points using Milk Coin (MLK) as the key currency. You can read their latest monthly report here.

(Sources: https://milkalliance.io/)

How Will MLK Trade?

MiL.k (KuCoin: MLKUSDT) four-hour 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.

MLK will takeout the October 16 peak

MLK will drop below the October 8 low

MLK will stay in a trading range between the October 8 low and the October 16 peak until November 29

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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:
diogosantos, siomara-2018, richard78624, simonjay, fredkese, passat, pum, fastold, sporttr, stnr, coruna, bigdonald, gbk78, moneyandmoney, tarkow, paffer, faki, futurra, telcall

Here are the tips to the winners plus a bonus tip to the contest holder 👍
Screenshot_20201029-190319_1603987448197.jpg

MLK will takeout the October 16 peak

MLK se llevará el pico del 16 de octubre

KLK will takeout the October 16 peak

MLK will takeout the October 16 peak

MLK will takeout the October 16 peak

Correct.

You are welcome.

MLK will takeout the October 16 peak

MLK will stay in a trading range between the October 8 low and the October 16 peak until November 29

MLK will takeout the October 16 peak

MLK will drop below the October 8 low

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