Crypto Contest October 31: Curve DAO Token
Curve DAO Token (Binance: CRVUSDT) 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, CRV began a red wave one advance on October 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 27 and the red wave two (blue sub-waves a-b-c) correction ended on October 30. If this wave count is correct, CRV should be heading next towards the October 27 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Curve is a decentralized exchange for stablecoins that uses an automated market maker to manage liquidity. mrmasa reviewed the project one week ago.
(Sources: https://www.curve.fi/)How Will CRV Trade?
Curve DAO Token (Binance: CRVUSDT) 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.
CRV will takeout the October 27 peak
CRV will drop below the October 25 low
CRV will stay in a trading range between the October 25 low and the October 27 peak until December 7
CRV will stay in a trading range between the October 25 low and the October 27 peak until December 7
CRV will stay in a trading range between the October 25 low and the October 27 peak until December 7
CRV will takeout the October 27 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@reklam/qjmqt4
CRV will drop below the October 25 low
CRV will stay in a trading range between the October 25 low and the October 27 peak until December 7
CRV will drop below the October 25 low
CRV will drop below the October 25 low
CRV will stay in a trading range between the October 25 low and the October 27 peak until December 7
CRV will takeout the October 27 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@fastold/qjmtye
CRV will stay in a trading range between the October 25 low and the October 27 peak until December 7