Crypto Contest October 4: UFO Gaming

in #fbcrypto2 years ago

UFO Gaming (KuCoin: UFOUSDT) 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, UFO began a red wave one advance on June 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 14 and the red wave two (blue sub-waves a-b-c) correction ended on September 21. If this wave count is correct, UFO should be heading next towards the August 14 peak in the red wave three.

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

Funnymentals

UFO Gaming is a decentralized gaming platform with play-to-earn elements, NFTs, and DeFi functionality like staking. Hone Crypto reviewed the project three months ago.

(Sources: https://ufogaming.io/)

How Will UFO Gaming Trade?

UFO Gaming (KuCoin: UFOUSDT) 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.

UFO will takeout the August 14 peak

UFO will drop below the June 15 low

UFO will stay in a trading range between the June 15 low and the August 14 peak until November 10

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UFO will stay in a trading range between the June 15 low and the August 14 peak until November 10

Hi @maarnio

Nice technical interpretation, one of the things I like the most when using lliott Waves, is that it allows me to identify the direction of the main trend that a certain market is developing, and the best thing is that I can know the rise and fall of the price action. what do you think?

Upvote on the way.

Yes. Sure. It is very helpful in both trading and investing. And it also lets you know when you are wrong.

Hello @maarnio

That's right, knowing when we can be wrong is very helpful in fine tuning our trading strategy. Blessings to you and yours, be well.

Thanks. You too!

Good morning @maarnio

I actually wated to ask you a question:

Have you seen recent announcement by Steemitblog related to new way of distributing TRX tokens to Steemit users? ( you can check it out here ).
I figured that you may have not seen this post and it's worth to be aware of implemented changed.

Check it out and I'm curious on what do you think about it? based on other people suggestion, it may be best to set up 100% power up on all your posts published on Steemit.

ps.
Is there any way to get in touch with you? Perhaps you could join our project.hope discord server (https://discord.gg/uWMJTaW) and I would gladly reach out to you.

cheers, Piotr

Thanks. Changed the settings and joined your discord.

Glad to hear it @maarnio :) Talk to you soon

It is me again :)

I hope you don't mind if I take some of your time and attention @maarnio

Our community founder posted lately an interesting topic, which turned into quite a solid discussion
Idea is to create "pockets of demand" for STEEM token, which hopefully would result with higher buying pressure and reflect on price of the token.

Consider checking it out, resteeming and sharing your own thoughts:
https://steemit.com/hive-175254/@crypto.piotr/help-steemit-grow-my-personal-suggestion-on-how-to-bring-more-demand-for-steem-join-discussion

Thanks. Replied to the main post.

UFO will drop below the June 15 low

UFO will drop below the June 15 low

UFO will stay in a trading range between the June 15 low and the August 14 peak until November 10

!shop

你好鸭,maarnio!

@eii给您叫了一份外卖!

埃塞俄比亚咖啡

吃饱了吗?跟我猜拳吧! 石头,剪刀,布~

如果您对我的服务满意,请不要吝啬您的点赞~

UFO will takeout the August 14 peak


This post was selected for Curación Manual (Manual Curation)

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UFO will stay in a trading range between the June 15 low and the August 14 peak until November 10

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