Crypto Contest June 1: Cindicator
Cindicator (Uniswap: CNDUSDC) 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, CND began a red wave one advance on May 10. The red wave one peaked on May 11 and the red wave two correction ended on May 26. The red wave three advance finished on May 26 and the red wave four correction ended on May 28. If this wave count is correct, CND should be heading next towards the May 26 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Cindicator builds analytical and trading products for stocks and crypto based on ‘Hybrid Intelligence’, which combines data from thousands of users and AI. NewsBTC interviewed the Cindicator co-founder two days ago.
(Sources: https://cindicator.com/)
How Will Cindicator Trade?
Cindicator (Uniswap: CNDUSDC) 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
CND will takeout the May 26 peak
CND will drop below the May 10 low
CND will stay in a trading range between the May 10 low and the May 26 peak until July 7
CND will takeout the May 26 peak
CND will takeout the May 26 peak
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CND will takeout the May 26 peak
CND will stay in a trading range between the May 10 low and the May 26 peak until July 7
!shop
Correct. Upvoted your post:
https://steemit.com/hive-159906/@eii/myflowerphotography-07-07-2023
!shop
CND will drop below the May 10 low
CND will stay in a trading range between the May 10 low and the May 26 peak until July 7
Correct. Upvoted your post:
https://steemit.com/beautiful/@shashiprabha/2vmexh
CND will stay in a trading range between the May 10 low and the May 26 peak until July 7
Correct. Upvoted your post:
https://steemit.com/dailyflowersphotography/@omp/dailyflowersphotography-my-entry-1096
CND will drop below the May 10 low
CND will takeout the May 26 peak