Crypto Contest April 15: H2O DAO

in #fbcrypto2 years ago

H2O DAO (Huobi: H2OUSDT) 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, H2O began a red wave one advance on April 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 5 and the red wave two (blue sub-waves a-b-c) correction ended on April 8. If this wave count is correct, H2O should be heading next towards the April 5 peak in the red wave three.

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

Funnymentals

H2O DAO is the "world's first" decentralized community organization dedicated to providing community members with the latest and most popular blockchain industry information and industry benefits. You can find their whitepaper here.

(Sources: https://h2o.homes/)

How Will H2O DAO Trade?

H2O DAO (Huobi: H2OUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

H2O will takeout the April 5 peak

H2O will drop below the April 1 low

H2O will stay in a trading range between the April 1 low and the April 5 peak until May 22

Sort:  

H2O will stay in a trading range between the April 1 low and the April 5 peak until May 22

H2O will takeout the April 5 peak

H2O will drop below the April 1 low

H2O will stay in a trading range between the April 1 low and the April 5 peak until May 22

H2O will stay in a trading range between the April 1 low and the April 5 peak until May 22

!shop

H2O will drop below the April 1 low

H2O will stay in a trading range between the April 1 low and the April 5 peak until May 22

H2O will takeout the April 5 peak

Thanks

You are welcome.

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