Crypto Contest December 29: EverGrow Coin

in #steemleo3 years ago

EverGrow Coin (PancakeSwap: EGCUSD) has broken out of the triangle pattern in the daily chart.

image.png

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, EGC began a red wave one advance on September 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 1 and the red wave two (blue sub-waves a-b-c) correction ended on December 5. If this wave count is correct, EGC should be heading next towards the November 1 peak in the red wave three.

image.png

(Chart courtesy of Tradingview.com)

Funnymentals

EverGrow Coin is a deflationary token designed to become more scarce over time. You can read their whitepaper here.

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

How Will EverGrow Coin Trade?

EverGrow Coin (PancakeSwap: EGCUSD) daily chart by Tradingview.

image.png

(Chart courtesy of Tradingview.com)

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

EGC will takeout the November 1 peak

EGC will drop below the September 26 low

EGC will stay in a trading range between the September 26 low and the November 1 peak until February 5

Sort:  

EGC will stay in a trading range between the September 26 low and the November 1 peak until February 5

EGC will takeout the November 1 peak

EGC will drop below the September 26 low

EGC will stay in a trading range between the September 26 low and the November 1 peak until February 5

!shop

EGC will stay in a trading range between the September 26 low and the November 1 peak until February 5

I believe EverGrow Coin will be top20 in Marketcap!

EGC will stay in a trading range between the September 26 low and the November 1 peak until February 5

EGC will stay in a trading range between the September 26 low and the November 1 peak until February 5

EGC will stay in a trading range between the September 26 low and the November 1 peak until February 5

EGC will stay in a trading range between the September 26 low and the November 1 peak until February 5

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