Crypto Contest April 24: Metasphere

in #fbcrypto2 years ago

Metasphere (Bittrex: MTSPUSDT) 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, MTSP began a red wave one advance on April 5. The red wave one peaked on April 8 and the red wave two (blue sub-waves a-b-c) correction ended on April 20. If this wave count is correct, MTSP should be heading next towards the April 8 peak in the red wave three.

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

Funnymentals

MetaSphere is a metaverse platform run on the Ethereum blockchain. You can find their whitepaper here.

(Sources: http://meta-sphere.cc/)

How Will Metasphere Trade?

Metasphere (Bittrex: MTSPUSDT) daily 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.

MTSP will takeout the April 8 peak

MTSP will drop below the April 5 low

MTSP will stay in a trading range between the April 5 low and the April 8 peak until May 31

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MTSP will stay in a trading range between the April 5 low and the April 8 peak until May 31

MTSP will takeout the April 8 peak

Your post was upvoted and resteemed on @crypto.defrag

MTSP will stay in a trading range between the April 5 low and the April 8 peak until May 31

Thank you

You are welcome.

MTSP will drop below the April 5 low

MTSP will stay in a trading range between the April 5 low and the April 8 peak until May 31

MTSP will takeout the April 8 peak

MTSP will takeout the April 8 peak

MTSP will drop below the April 5 low

MTSP will drop below the April 5 low

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