Crypto Contest February 24: PhotoChromic
PhotoChromic (Huobi: PHCRUSDT) 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, PHCR began a red wave one advance on February 16. The red wave one peaked on February 17 and the red wave two (blue sub-waves a-b-c) correction ended on February 22. If this wave count is correct, PHCR should be heading next towards the February 17 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Photochromic tokenizes peoples’ identities through an NFT that is programmable, universally addressable and digitally secured. You can read their whitepaper here.
(Sources: https://photochromic.io/)
How Will PhotoChromic Trade?
PhotoChromic (Huobi: PHCRUSDT) 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.
PHCR will takeout the February 17 peak
PHCR will drop below the February 16 low
PHCR will stay in a trading range between the February 16 low and the February 17 peak until April 3
PHCR will drop below the February 16 low
Correct. Upvoted your post:
https://steemit.com/steemit/@simonjay/daily-steem-price-update-16-3-2022
PHCR will drop below the February 16 low
Correct.
PHCR will drop below the February 16 low
Correct.
PHCR will stay in a trading range between the February 16 low and the February 17 peak until April 3
PHCR will stay in a trading range between the February 16 low and the February 17 peak until April 3
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PHCR will takeout the February 17 peak
PHCR will drop below the February 16 low
Correct. Upvoted your post:
https://steemit.com/hive-185836/@ablaze/happy-st-patrick-s-day-from-the-west-of-ireland
PHCR will stay in a trading range between the February 16 low and the February 17 peak until April 3
PHCR will stay in a trading range between the February 16 low and the February 17 peak until April 3
PHCR will takeout the February 17 peak