Crypto Contest May 7: Synereo
Synereo has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Synereo began a wave one advance on March 6. The wave one (sub-waves i-v) finished on April 17, and the wave two (sub-waves abc) ended on May 2. If this wave count is correct, Synereo should be heading next towards the April 17 peak in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Synereo will takeout the April 17 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Synereo will drop below the March 6 low".
If you think Synereo is in a range, upvote this post and upvote the comment "Synereo will stay in a trading range between the March 6 low and the April 17 peak until June 2".
You can upvote the comment until 3 PM EST May 8 and you can upvote only one comment. 200% of Steem from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
Synereo will takeout the April 17 peak (19 voters as of 3 PM EST May 8: bleujay, otisbrown, me-tarzan, jimmco, ace108, simonjay, kooshikoo, allyouneedtoknow, yefet, steemquestions, sevinwilson, bonvivan, soundmoney, starline, mprgrmmr, thatsweeneyguy, eirik, ragnaros, bigb).
You won.
Synereo will stay in a trading range between the March 6 low and the April 17 peak until June 2 (6 voters as of 3 PM EST May 8: twinner, gregory-f, razorwave8, meesterboom, avarice, mirda).
Synereo will drop below the March 6 low (1 voter as of 3 PM EST May 8: coolthings).
A worthy post! You have a new fan. follow me)
Thank you Andrianna. Nice drawings.
Very pleasant comment.
This post has been ranked within the top 50 most undervalued posts in the second half of May 07. We estimate that this post is undervalued by $7.45 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: May 07 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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