Crypto Contest January 21: Songbird
Songbird (Kraken: SGBUSD) 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, SGB began a red wave one advance on December 29. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 4 and the red wave two (blue sub-waves a-b-c) correction ended on January 11. If this wave count is correct, SGB should be heading next towards the January 4 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Songbird is the canary network for Flare, the blockchain built for universal connectivity.
(Sources: https://flare.network/songbird/)
How Will Songbird Trade?
Songbird (Kraken: SGBUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
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.
SGB will takeout the January 4 peak
SGB will drop below the December 29 low
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
Posted Using LeoFinance Beta
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
SGB will drop below the December 29 low
Correct. Upvoted your post:
https://hive.blog/hive-167922/@femcy-willcy/invest-in-the-life-of-your-children
Posted Using LeoFinance Beta
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
SGB will takeout the January 4 peak
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
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!hivebits
!PIZZA
!LOLZ
!BBH
!CTP
!ENGAGE 100
!LUV
!BEER
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SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
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SGB will take out the January 4 peak.
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
Posted Using LeoFinance Beta
SGB will drop below the December 29 low
Correct. Upvoted your post:
https://hive.blog/deutsch/@monsterbuster/monsterbuster-s-februar-playlist-motorhead-bullet-in-your-brain
Posted Using LeoFinance Beta
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
SGB will takeout the January 4 peak
SGB will drop below the December 29 low
Correct. Upvoted your post:
https://hive.blog/hive-148441/@tht/walk
Posted Using LeoFinance Beta
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
SGB will takeout the January 4 peak
SGB will stay in a trading range between the December 29 low and the January 4 peak until February 27
SGB will drop below the December 29 low
Correct.
Posted Using LeoFinance Beta