Crypto Contest December 8: Blocery

in blockchain •  4 years ago 

Blocery (Poloniex: BLYUSDT) 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, BLY began a red wave one advance on September 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 19 and the red wave two (blue sub-waves a-b-c) correction ended on November 30. If this wave count is correct, BLY should be heading next towards the November 19 peak in the red wave three.

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

Funnymentals

Blocery, a blockchain-based trusted food supply chain ecosystem, records immutable data onto the blockchain such as the production, distribution, and sales history of agricultural products. You can read their token allocation here.

(Sources: http://blocery.io/)

How Will Blocery Trade?

Blocery (Poloniex: BLYUSDT) 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.

BLY will takeout the November 19 peak

BLY will drop below the October 28 low

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

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BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will drop below the October 28 low

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will drop below the October 28 low

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@faki/qmg6za

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@coruna/qmnr87

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

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BLY will takeout the November 19 peak

BLY will drop below the October 28 low

BLY will takeout the November 19 peak

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

!shop
$trdo

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@calg/qmnrhe

BLY will drop below the October 28 low

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

  ·  4 years ago (edited)

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BLY will takeout the November 19 peak

BLY will drop below the October 28 low

BLY permanecerá en un rango de negociación entre el mínimo del 28 de octubre y el pico del 19 de noviembre hasta el 14 de enero de 2021.

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will takeout the November 19 peak

Thank you

You are welcome.

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will drop below the October 28 low

BLY will stay in a trading renge between the Oct 28 low and the Nov 9 peak until Jan 14, 2021

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will drop below the October 28 low

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@belsander/qmnsej

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/hive-148441/@iscot/qmpfsh

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/hive-148441/@walku/qmpik3

BLY will drop below the October 28 low

BLY will drop below the October 28 low

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@koskl/qmdyz3

BLY will takeout the November 19 peak

BLY will drop below the October 28 low

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@passat/qmi7ui

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@colon2018/qmi7ul

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will drop below the October 28 low

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@sporttr/qmi7za

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will drop below the October 28 low

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@fastold/qmpkx9

BLY se llevará el pico del 19 de noviembre

BLY will takeout the November 19 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@vaco/qmnq4p

BLY will drop below the October 28 low

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021

BLY will drop below the October 28 low

BLY will takeout the November 19 peak

BLY will stay in a trading range between the October 28 low and the November 19 peak until January 14, 2021