Crypto Contest July 1: LinkEye

in #steemleo3 years ago

LinkEye (Huobi: LETUSDT) 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, LET began a red wave one advance in March 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in February 2021 and the red wave two (blue sub-waves a-b-c) correction ended in June. If this wave count is correct, LET should be heading next towards the February 2021 peak in the red wave three.

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

Funnymentals

LinkEye is a blockchain-based platform for sharing credit. Wake Up Judah TV reviewed the project earlier this year.

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

How Will LinkEye Trade?

LinkEye (Huobi: LETUSDT) weekly 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.

LET will takeout the February 2021 peak

LET will drop below the March 2020 low

LET will stay in a trading range between the March 2020 low and the February 2021 peak until August 7

Sort:  

LET will stay in a trading range between the March 2020 low and the February 2021 peak until August 7

LET will stay in a trading range between the March 2020 low and the February 2021 peak until August 7

LET will drop below the March 2020 low

LET will stay in a trading range between the March 2020 low and the February 2021 peak until August 7

LET will takeout the February 2021 peak

LET will takeout the February 2021 peak

LET will stay in a trading range between the March 2020 low and the February 2021 peak until August 7

LET will drop below the March 2020 low

LET will takeout the February 2021 peak

LET will drop below the March 2020 low

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