Crypto Contest May 20: Casper

in #steemleo3 years ago

Casper (Huobi: CSPRUSDT) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, CSPR began a red wave one advance on May 11. The red wave one peaked on May 11 and the red wave two (blue sub-waves a-b-c) correction ended on May 19. If this wave count is correct, CSPR should be heading next towards the May 11 peak in the red wave three.

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

Funnymentals

Casper is the "first" proof-of-stake blockchain built off the Casper CBC specification. mrmasa reviewed the project last month.

(Sources: https://casper.network/)

How Will Casper Trade?

Casper (Huobi: CSPRUSDT) four-hour 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.

CSPR will takeout the May 11 peak

CSPR will drop below the May 11 low

CSPR will stay in a trading range between the May 11 low and the May 11 peak until June 26

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CSPR will stay in a trading range between the May 11 low and the May 11 peak until June 26

CSPR will takeout the May 11 peak

CSPR will drop below the May 11 low

CSPR will takeout the May 11 peak

CSPR will takeout the May 11 peak

CSPR will stay in a trading range between the May 11 low and the May 11 peak until June 26

CSPR will takeout the May 11 peak

CSPR will drop below the May 11 low

CSPR will stay in a trading range between the May 11 low and the May 11 peak until June 26

CSPR will drop below the May 11 low

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