Crypto Contest March 13: Status

in SteemLeo6 years ago

Status (Binance: SNTBTC) 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, SNT began a wave one advance on January 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 13, and the red wave two (blue sub-waves a-b-c) correction ended on March 12. If this wave count is correct, SNT should be heading next towards the February 13 peak in the red wave three.

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

Funnymentals

Status is a messenger, crypto wallet, and Web3 browser. You can watch their latest Town Hall below.

(Sources: https://status.im/)

How Will Status Trade?

Status (Binance: SNTBTC) daily chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

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.

SNT will takeout the February peak

SNT will drop below the January low

SNT will stay in a trading range between the January low and the February peak until April 16

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SNT will takeout the February peak

SNT will stay in a trading range between the January low and the February peak until April 16

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SNT will stay in a trading range between the January low and the February peak until April 16

Hi @maarnio!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.501 which ranks you at #1369 across all Steem accounts.
Your rank has improved 2 places in the last three days (old rank 1371).

In our last Algorithmic Curation Round, consisting of 81 contributions, your post is ranked at #54.

Evaluation of your UA score:
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SNT will stay in a trading range between the January low and the February peak until April 16

SNT will drop below the January low


Hey @maarnio, here is a little bit of BEER from @eii for you. Enjoy it!

Learn how to earn FREE BEER each day by staking.

SNT will stay in a trading range between the January low and the February peak until April 16

SNT will stay in a trading range between the January low and the February peak until April 16

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