Crypto Contest June 10: SingularDTV
SingularDTV (Binance: SNGLSBTC) 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, SNGLS began a red wave one advance on January 8. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 9 and the red wave two (blue sub-waves a-b-c) correction ended on May 23. If this wave count is correct, SNGLS should be heading next towards the April 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
SingularDTV is a blockchain-powered platform with bold, indie films, music & TV. Crypto Cowboys reviewed the project earlier this year.
(Sources: https://breaker.io/)How Will SingularDTV Trade?
SingularDTV (Binance: SNGLSBTC) 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.
SNGLS will takeout the April 9 peak
SNGLS will drop below the January 8 low
SNGLS will stay in a trading range between the January 8 low and the April 9 peak until July 17
SNGLS will stay in a trading range between the January 8 low and the April 9 peak until July 17
Correct. Upvoted your post:
https://steemit.com/steemit/@simonjay/daily-steem-price-update-16-7-2021
SNGLS will drop below the January 8 low
SNGLS will takeout the April 9 peak
SNGLS will stay in a trading range between the January 8 low and the April 9 peak until July 17
Correct. Upvoted your comment:
https://steemit.com/steemleo/@yuliyan/qw2s3w
SNGLS will drop below the January 8 low
SNGLS will drop below the January 8 low
SNGLS will drop below the January 8 low
SNGLS will stay in a trading range between the January 8 low and the April 9 peak until July 17
Correct. Upvoted your comment:
https://steemit.com/steemleo/@reklam/qw2qyw
SNGLS will drop below the January 8 low
SNGLS will takeout the April 9 peak