Crypto Contest April 4: Monero
Monero (XMR/EUR) has broken out of the pennant pattern in the one-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Monero began a wave one advance on January 14. The wave one finished on February 15, and the wave two correction ended on February 27. The wave three advance finished on March 17, and the wave four correction ended on March 27. I believe Monero is currently in the wave five, which should takeout the March 17 peak.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Monero will takeout the March 17 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Monero will drop below the March 27 low".
If you think Monero is in a range, upvote this post and upvote the comment "Monero will stay in a trading range between the March 27 low and the March 17 peak until April 30".
You can upvote the comment until 3 PM EST April 5 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.
Monero will takeout the March 17 peak (10 voters as of 3 PM EST April 5: bleujay, otisbrown, dan-atstarlite, yefet, gduran, ender, soundmoney, starline, ragnaros, revoruless).
Monero will stay in a trading range between the March 27 low and the March 17 peak until April 30 (21 voters as of 3 PM EST April 5: nextgen622, twinner, daveks, majes, gomeravibz, allyouneedtoknow, spinbunny, jdbry, digit, orenshani7, idnit, reisman, idnit0, mrfoot, evildeathcore, angels, dirty.hera, coolthings, tamersameeh, andy23, and legends).
You won.
Monero will drop below the March 27 low (4 voters as of 3 PM EST April 5: me-tarzan, gregory-f, cassidyandfranks, mirda).
I noticed the same thing.
good coin XMR
This post has been ranked within the top 50 most undervalued posts in the second half of Apr 04. We estimate that this post is undervalued by $0.27 as compared to a scenario in which every voter had an equal say.
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