Crypto Contest August 16: Polychain Monsters
Polychain Monsters (KuCoin: PMONUSDT) 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, PMON began a red wave one advance on July 29. The red wave three peaked on August 12 and the red wave four correction ended on August 15. If this wave count is correct, PMON should be heading next towards the August 12 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
With Polychain Monsters you can collect ultra-rare & beautifully animated digital monsters. Play to earn world reviewed the project last week.
(Sources: https://polychainmonsters.com/)How Will Polychain Monsters Trade?
Polychain Monsters (KuCoin: PMONUSDT) 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.
PMON will takeout the August 12 peak
PMON will drop below the July 29 low
PMON will stay in a trading range between the July 29 low and the August 12 peak until September 22
PMON will stay in a trading range between the July 29 low and the August 12 peak until September 22
PMON will stay in a trading range between the July 29 low and the August 12 peak until September 22
PMON will stay in a trading range between the July 29 low and the August 12 peak until September 22
PMON will stay in a trading range between the July 29 low and the August 12 peak until September 22
PMON will stay in a trading range between the July 29 low and the August 12 peak until September 22
PMON will takeout the August 12 peak
Correct. Upvoted your comment:
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PMON will drop below the July 29 low
PMON will stay in a trading range between the July 29 low and the August 12 peak until September 22
PMON will stay in a trading range between the July 29 low and the August 12 peak until September 22
PMON will stay in a trading range between the July 29 low and the August 12 peak until September 22