Crypto Contest November 12: DeFiChain

in blockchain •  4 years ago 

DeFiChain (CoinMarketCap: DFIUSD) has broken out of the triangle pattern in the line chart.

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

Elliott Wave Analysis

In Elliott Wave terms, DFI began a red wave one advance on July 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 24 and the red wave two (blue sub-waves a-b-c) correction ended on November 3. If this wave count is correct, DFI should be heading next towards the August 24 peak in the red wave three.

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

Funnymentals

DeFiChain is enabling DeFi on Bitcoin. Bittrex Global held AMA with Julian Hosp three weeks ago.

(Sources: https://defichain.com/)

How Will DeFiChain Trade?

DeFiChain (CoinMarketCap: DFIUSD) line chart by CoinMarketCap.

(Chart courtesy of CoinMarketCap.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.

DFI will takeout the August 24 peak

DFI will drop below the July 3 low

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

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DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@m29/qkws1k

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@passat/qkp0cn

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@koskl/qkw5x9

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will drop below the July 3 low

DFI will drop below the July 3 low

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Here are the tips to the winners plus a bonus tip to the contest holder 👍Screenshot_20201211083816~2.png

DFI will takeout the August 24 peak

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will takeout the August 24 Peak

Correct. Upvoted your comment:
https://steemit.com/gold/@richard78624/qkz7je

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@koskl/qkw5yy

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will drop below the July 3 low

DFI will drop below the July 3 low

DFI will drop below the July 3 low

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

!shop
$trdo

  ·  4 years ago 

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DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/hive-138339/@kutra/qkzd77

DFI will drop below the July 3 low

DFI will takeout the August 24 peak

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

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@tiktik/qkwp0p

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will drop below the July 3 low

DFI se llevará el pico del 24 de agosto

DFI will drop below the July 3 low

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will drop below the July 3 low

DFI will takeout the August 24 peak

DFI will drop below the July 3 low

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@calg/qkp1yj

DFI se llevará el pico del 24 de agosto

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@bozdag/qkws1q

DFI will drop below the July 3 low

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@hn13/qkwsds

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will takeout the August 24 peak

Thank you

You are welcome.

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/blockchain/@futurra/qkwt3c

DFI will drop below the July 3 low

DFI will takeout the August 24 peak

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

DFI will drop below the July 3 low

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will drop below the July 3 low

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19

DFI will takeout the August 24 peak

Correct. Upvoted your comment:
https://steemit.com/hive-148441/@yuliyan/qkzkjj

DFI will takeout the August 24 peak

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