Crypto Contest April 25: Golem
Golem has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Golem began a wave one advance on April 12. The wave one finished on April 13, and the wave two correction ended on April 15. The wave three advance finished on April 19, and the wave four correction ended on April 20. If this wave count is correct, Golem should be heading next towards the April 19 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Golem will takeout the April 19 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Golem will drop below the April 13 low".
If you think Golem is in a range, upvote this post and upvote the comment "Golem will stay in a trading range between the April 13 low and the April 19 peak until May 21".
You can upvote the comment until 3 PM EST April 26 and you can upvote only one comment. 200% of Steem from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
Golem will stay in a trading range between the April 13 low and the April 19 peak until May 21 (6 voters as of 3 PM EST April 26: bleujay, twinner, gregory-f, allyouneedtoknow, mirda, ragnaros).
Golem will takeout the April 19 peak (8 voters as of 3 PM EST April 26: otisbrown, anotherjoe, yefet, alexrickard86, soundmoney, cassidyandfranks, starline, avarice).
You won.
Golem will drop below the April 13 low (3 voters as of 3 PM EST April 26: me-tarzan, whatageek, coolthings).
Thank you for posting @maarnio.
Appreciate the winnings.
All the best to you and yours. Cheers.
Thank you for playing bleujay.
This post has been ranked within the top 80 most undervalued posts in the second half of Apr 25. We estimate that this post is undervalued by $2.34 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Apr 25 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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