Crypto Contest June 5: Jupiter
Jupiter (Uniswap: JUPWETH) 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, JUP began a red wave one advance on December 11, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 22 this year and the red wave two (blue sub-waves a-b-c) correction ended on May 23. If this wave count is correct, JUP should be heading next towards the March 22 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The Jupiter Project aims to make blockchain accessible and safe for everyone. You can read their latest update here.
(Sources: https://gojupiter.tech/)
How Will Jupiter Trade?
Jupiter (Uniswap: JUPWETH) 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.
JUP will takeout the March 22, 2021 peak
JUP will drop below the December 11, 2020 low
JUP will stay in a trading range between the December 11, 2020 low and the March 22, 2021 peak until July 12
JUP will stay in a trading range between the December 11, 2020 low and the March 22, 2021 peak until July 12
Correct. Upvoted your post:
https://steemit.com/steemit/@simonjay/daily-steem-price-update-11-7-2021
JUP will stay in a trading range between the December 11, 2020 low and the March 22, 2021 peak until July 12
Correct.
JUP will takeout the March 22, 2021 peak
JUP will stay in a trading range between the December 11, 2020 low and the March 22, 2021 peak until July 12
Correct. Upvoted your comment:
https://steemit.com/steemleo/@nzl19500/qvvzyn
JUP will stay in a trading range between the December 11, 2020 low and the March 22, 2021 peak until July 12
Correct. Upvoted your comment:
https://steemit.com/steemleo/@bigdonald/qvw0om
JUP will stay in a trading range between the December 11, 2020 low and the March 22, 2021 peak until July 12
Correct. Upvoted your comment:
https://steemit.com/steemleo/@lookatyou/qvw0oa
JUP will takeout the March 22, 2021 peak
JUP will takeout the March 22, 2021 peak
JUP will stay in a trading range between the December 11, 2020 low and the March 22, 2021 peak until July 12
Correct. Upvoted your comment:
https://steemit.com/steemleo/@vanbasten/qvvzxo
JUP will stay in a trading range between the December 11, 2020 low and the March 22, 2021 peak until July 12
Correct. Upvoted your comment:
https://steemit.com/steemleo/@nazonyan/qvvzyu