Crypto Contest October 25: SushiSwap

in #blockchain4 years ago

SushiSwap (Binance: SUSHIUSDT) 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, SUSHI began a red wave one advance on October 7. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 10 and the red wave two (blue sub-waves a-b-c) correction ended on October 20. If this wave count is correct, SUSHI should be heading next towards the October 10 peak in the red wave three.

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

Funnymentals

The Sushiswap protocol realigns incentives for network participants by introducing revenue-sharing & community driven network effects to the popular AMM model. Coin Bureau reviewed the project last month.

(Sources: https://sushiswapclassic.org/)

How Will SushiSwap Trade?

SushiSwap (Binance: SUSHIUSDT) 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.

SUSHI will takeout the October 10 peak

SUSHI will drop below the October 7 low

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

Sort:  

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

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, jmehta, passat, colon2018, tiktik, gretna, m29, bigdonald, calg, reklam, goddar, tarkow, ziyaret, cooleye, aminator, koskl

Here are the tips to the winners plus a bonus tip to the contest holder 👍
Screenshot_20201108-184820~2.png

SUSHI will stay in a trading range between the October 7 low and the October 10 peak until December 1

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