Crypto Contest February 1: BitShares
Crypto Contest February 1: BitShares
BitShares (Poloniex: BTSUSD) has broken out of the triangle pattern in the monthly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, BTS began a wave one advance in January 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in December 2019. If this wave count is correct, BTS should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BitShares is open-source business development and financial management platform. You can watch Dan Larimer's presentation below from five years ago.
(Sources: https://bitshares.org/)How Will BitShares Trade?
BitShares (Poloniex: BTSUSD) weekly 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.
- BTS will takeout the October 2019 peak
- BTS will drop below the December 2019 low
- BTS will stay in a trading range between the December 2019 low and the October 2019 peak until March 8
Answer the question at dpoll.xyz.
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Thanks
You are welcome.
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BTS will takeout the October 2019 peak
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!DERANGED
!COFFEEA
You need more DERANGED (5 DERANGED is needed to send 1 DERANGED a day)
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!trdo
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Congratulations @maarnio!
Your post was mentioned in the Steem Hit Parade in the following category:
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Congratulations @maarnio, your post successfully recieved 0.28400625 TRDO from below listed TRENDO callers:
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