Crypto Contest April 23: Dogecoin
Dogecoin has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Dogecoin began a wave one advance on March 3. The wave one finished on April 3, and the wave two correction ended on April 10. If this wave count is correct, Dogecoin should be heading next towards the April 3 peak in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Dogecoin will takeout the April 3 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Dogecoin will drop below the March 3 low".
If you think Dogecoin is in a range, upvote this post and upvote the comment "Dogecoin will stay in a trading range between the March 3 low and the April 3 peak until May 19".
You can upvote the comment until 3 PM EST April 24 and you can upvote only one comment. 200% of Steem from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
Dogecoin will takeout the April 3 peak (8 voters as of 3 PM EST April 24: bleujay, gregory-f, meesterboom, yefet, rdollarsign, soundmoney, starline, ragnaros).
You won.
Dogecoin will stay in a trading range between the March 3 low and the April 3 peak until May 19 (7 voters as of 3 PM EST April 24: otisbrown, twinner, razorwave8, allyouneedtoknow, alexrickard86, mirda, ropaga).
Dogecoin will drop below the March 3 low (2 voters as of 3 PM EST April 24: me-tarzan, avarice).
This post has been ranked within the top 80 most undervalued posts in the first half of Apr 23. We estimate that this post is undervalued by $0.90 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Apr 23 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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