Crypto Contest January 14: Agrello

in agrello •  6 years ago 

Agrello (Binance: DLTETH) 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, Agrello began a wave one advance on August 16, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 30, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on December 29, 2018. If this wave count is correct, Agrello should be heading next towards the October 30, 2018 peak in the red wave three.


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

Funnymentals

The Agrello platform is a dashboard where you can manage your identity, create contracts, sign the contracts using Agrello legally binding signature and have an overview of all of your agreements. You can find an official introductory video below.

(Sources: Agrello and YouTube)


If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Agrello will takeout the January 2018 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Agrello will drop below the December 2018 low".

If you think Agrello is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Agrello will stay in a trading range between the December 2018 low and the January 2018 peak until February 18".


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

You can upvote the comment until 3 PM EST January 17 and you can upvote only one comment. 50% of liquid STEEM + SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).

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  ·  6 years ago (edited)

Agrello will stay in a trading range between the December 2018 low and the January 2018 peak until February 18 (13 voters as of 3 PM EST January 17: bleujay, abh12345, mellofello, allyouneedtoknow, vicspics, reconnectnature, steem-d-anlovnit, jznsamuel, fullcoverbetting, utkarshvarma, richard78624, kunschj, simonjay).

  ·  6 years ago (edited)

Agrello will takeout the January 2018 peak (10 voters as of 3 PM EST January 17: steemquestions, freiheit50, gregory-f, steemit.nemesis, jiujitsu, crokkon, ace108, galasek, mgood, harryp3).

You won. Paid out from @maarnio1

  ·  6 years ago (edited)

Agrello will drop below the December 2018 low (5 voters as of 3 PM EST January 17: diana.feuerberg, sqlinsix, skepticology, barbadosso, lydon.sipe).

Another 'ranger' for me even though that spike looks promising. Thank you for the resteem!

Nice spike, haven't seen one of those in a while :D
But still, I don´t think it can take out the mentioned peak and it probably will stabilize before it reaches the December 2018 low.

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