Crypto Contest September 29: Arweave

in #blockchain4 years ago

Arweave (Bittrex: ARUSD) 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, AR began a red wave one advance on July 29. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 1, and the red wave two (blue sub-waves a-b-c) correction ended on September 22. If this wave count is correct, AR should be heading next towards the September 1 peak in the red wave three.

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

Funnymentals

Arweave is a data storage blockchain protocol enabling a permanent serverless web and creating permanent data storage. You can watch their latest Demo Day below.

(Sources: https://www.arweave.org/)

How Will Arweave Trade?

Arweave (Bittrex: ARUSD) 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.

AR will takeout the September 1 peak

AR will drop below the July 29 low

AR will stay in a trading range between the July 29 low and the September 1 peak until November 4

Sort:  

AR will stay in a trading range between the July 29 low and the September 1 peak until November 4

AR will stay in a trading range between the July 29 low and the September 1 peak until November 4

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:
colon2018, stnr, blackyear, jorgebgt, steem-d-anlovnit, jmehta, simonjay, sporttr, masterwhale, reklam, ziyaret, kalasat, melire, walku, eii, richard78624, lookatyou, fastold, pum, diogosantos, bntcamelo

Here are the tips to the winners plus a bonus tip to the contest holder 👍
Screenshot_20201104-191905~2.png

AR will stay in a trading range between the July 29 low and the September 1 peak until November 4

$rewarding 70

AR will stay in a trading range between the July 29 low and the September 1 peak until November 4

$rewarding 70

AR will takeout the September 1 peak

AR will stay in a trading range between the July 29 low and the September 1 peak until November 4

AR will drop below the July 29 low

AR will stay in a trading range between the July 29 low and the September 1 peak until November 4

AR will stay in a trading range between the July 29 low and the September 1 peak until November 4

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