Crypto Contest May 22: AidCoin

in #steemleo3 years ago

AidCoin (Bittrex: AIDBTC) 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, AID began a red wave one advance on January 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 12 and the red wave two (blue sub-waves a-b-c) correction ended on May 20. If this wave count is correct, AID should be heading next towards the May 12 peak in the red wave three.

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

Funnymentals

AidCoin is the token for charity. They have already burned 57% of the issued tokens.

(Sources: https://www.aidcoin.com/)

How Will AidCoin Trade?

AidCoin (Bittrex: AIDBTC) 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.

AID will takeout the May 12 peak

AID will drop below the April 11 low

AID will stay in a trading range between the April 11 low and the May 12 peak until June 28

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AID will stay in a trading range between the April 11 low and the May 12 peak until June 28

AID will stay in a trading range between the April 11 low and the May 12 peak until June 28

Correct. Upvoted your comment:
https://steemit.com/steemleo/@yefet/qv7nup

AID will stay in a trading range between the April 11 low and the May 12 peak until June 28

AID will takeout the May 12 peak

AID will takeout the May 12 peak

AID will stay in a trading range between the April 11 low and the May 12 peak until June 28

AID will drop below the April 11 low

AID will takeout the May 12 peak

AID will stay in a trading range between the April 11 low and the May 12 peak until June 28

AID will drop below the April 11 low

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