Crypto Contest August 28: BNS Token

in #steemleo5 years ago

BNS Token (KuCoin: BNSUSDT) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, BNS began a red wave one advance in January. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in March and the red wave two (blue sub-waves a-b-c) correction ended in July. If this wave count is correct, BNS should be heading next towards the March peak in the red wave three.

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

Funnymentals

BNS is a multi-protocol utility token by Bitbns. You can read some of their latest developments here.

(Sources: https://bitbns.com/)

How Will BNS Token Trade?

BNS Token (KuCoin: BNSUSDT) 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.

BNS will takeout the March peak

BNS will drop below the January low

BNS will stay in a trading range between the January low and the March peak until October 4

Sort:  

BNS will stay in a trading range between the January low and the March peak until October 4

BNS will stay in a trading range between the January low and the March peak until October 4

BNS will stay in a trading range between the January low and the March peak until October 4

BNS will stay in a trading range between the January low and the March peak until October 4

BNS will takeout the March peak

BNS will takeout the March peak

BNS will drop below the January low

BNS will takeout the March peak

BNS will stay in a trading range between the January low and the March peak until October 4

BNS will drop below the January low

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.093
BTC 62690.84
ETH 1772.84
USDT 1.00
SBD 0.39