Crypto Contest October 4: Dogecoin

in #blockchain4 years ago

Dogecoin (HitBTC: DOGEUSD) 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, DOGE began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 8, and the red wave two (blue sub-waves a-b-c) correction ended on September 24. If this wave count is correct, DOGE should be heading next towards the July 8 peak in the red wave three.

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

Zooming out in the monthly chart, I believe DOGE is currently in the red wave three (blue sub-wave iii). The red wave three began on March 13.

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

Funnymentals

Dogecoin is an open source peer-to-peer cryptocurrency. VoskCoin explained the latest pump in July.

(Sources: https://dogecoin.com/)

How Will Dogecoin Trade?

Dogecoin (HitBTC: DOGEUSD) 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.

DOGE will takeout the July 8 peak

DOGE will drop below the July 5 low

DOGE will stay in a trading range between the July 5 low and the July 8 peak until November 10

Sort:  

DOGE will stay in a trading range between the July 5 low and the July 8 peak until November 10

DOGE will stay in a trading range between the July 5 low and the July 8 peak until November 10

DOGE will drop below the July 5 low

DOGE will stay in a trading range between the July 5 low and the July 8 peak until November 10

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:
stnr, gretna, rosauradels, jmehta, dine77, m29, reklam, masterwhale, eii, steem-d-anlovnit, richard78624, simonjay, kalasat, ziyaret, futurra, goddar, koskl, bntcamelo, jorgebgt, diogosantos, nzl19500, vanbasten, carton, vaco

Here are the tips to the winners plus a bonus tip to the contest holder 👍
Screenshot_20201111-191754~2.png

DOGE will stay in a trading range between the July 5 low and the July 8 peak until November 10

DOGE will stay in a trading range between the July 5 low and the July 8 peak until November 10

DOGE will stay in a trading range between the July 5 low and the July 8 peak until November 10

DOGE will drop below the July 5 low

DOGE will takeout the July 8 peak

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