Crypto Contest October 9: Metaverse
Metaverse (ETPUSD) has broken out of the triangle pattern in the two-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Metaverse began a wave one advance on September 20 at $0.60. The red wave one finished later on the same day at $3.10, and the red wave two (blue sub-waves a-b-c) correction ended on September 28 at $0.852. If this wave count is correct, Metaverse should be heading next towards the $3.10 peak in the red wave three.
(Chart courtesy of Tradingview.com)
Zooming in the one-hour chart, I believe Metaverse has finished the blue sub-waves one (green micro waves i-ii-iii-iv-v) and two (green micro waves a-b-c) from the September 28 low.
(Chart courtesy of Tradingview.com)
Summing this all up, Metaverse is currently most likely in the red wave three (blue sub-wave iii).
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Metaverse will takeout the $3.10 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Metaverse will drop below the $0.60 low".
If you think Metaverse is in a range, upvote this post and upvote the comment "Metaverse will stay in a trading range between the $0.60 low and the $3.10 peak until November 9".
You can upvote the comment until 3 PM EST October 10 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
Metaverse will drop below the $0.60 low (11 voters as of 3 PM EST October 10: bleujay, libert, anetchen, coolthings, yinyangboobookat, gunsmithing, barcalogia, plumygg, abay, freskil, yefet).
Metaverse will stay in a trading range between the $0.60 low and the $3.10 peak until November 9 (28 voters as of 3 PM EST October 10: twinner, gregory-f, soundmoney, simonjay, lucasgabd, flemingfarm, me-tarzan, damla, catena, abh12345, starline, reconnectnature, mirda, mprgrmmr, crokkon, angelgarz, ahinga, razorwave8, ragnaros, carlosdaniel, c-c-c, andy23, napkin, amfid4846, richard78624, arpepa, mihail.tsvetkov, me-do).
much better with the values than the dates ;)
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Metaverse will takeout the $3.10 peak (9 voters as of 3 PM EST October 10: otisbrown, bentleycapital, lydon.sipe, miniature-tiger, jznsamuel, steemcollator, tzap90, incrediblesnow, digitalking).
Metaverse will takeout the $3.10 peak.
You won.
This seems to be the Chinese version of Civic... with all the uncertainty surrounding kryptos and China I bet it will go lower than the ico price $1
anyway, cool coin, thanks for bringing it to my awareness, I will keep an eye on it ;)
Luckily ETP is listed in OpenLedger so that Chinese government can't touch it.
yeah i've seen they also got into Bitfinex a few days ago
District0x will stay in a trading range between the August 9 low and the August 21 peak until November 7.
Metaverse?
:)
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