Crypto Contest September 1: KardiaChain

in blockchain •  4 years ago 

KardiaChain (KuCoin: KAIUSDT) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, KAI began a red wave one advance on May 11. The red wave one ended on May 28, and the red wave two correction finished on June 8. The blue sub-wave three ended on August 18, and the blue sub-wave four correction finished on August 27. If this wave count is correct, KAI should be heading next towards the August 18 peak in the blue sub-wave five.

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

Funnymentals

Kardiachain is a public blockchain platform focused on Interoperability and providing hybrid blockchain solution/infrastructure for enterprises and governments in Vietnam and other countries in South & East Asia. You can read their latest monthly report here.

(Sources: https://www.kardiachain.io/)

How Will KardiaChain Trade?

KardiaChain (KuCoin: KAIUSDT) 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.

KAI will takeout the August 18 peak

KAI will drop below the August 1 low

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

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KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

$rewarding 77

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

Correct. Upvoted your comment:
https://steemit.com/blockchain/@cooleye/qi2uw8

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

Correct. Upvoted your comment:
https://steemit.com/blockchain/@melire/qi2uwd

KAI will takeout the August 18 peak

KAI will drop below the August 1 low

KAI will drop below the August 1 low

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

KAI will drop below the August 1 low

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

Correct. Upvoted your comment:
https://steemit.com/blockchain/@stnr/qhvagj

KAI will takeout the August 18 peak

KAI will drop below the August 1 low

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

Correct. Upvoted your comment:
https://steemit.com/blockchain/@gretna/qhz5ud

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

KAI will takeout the August 18 peak

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

KAI will drop below the August 1 low

KAI will takeout the August 18 peak

KAI will drop below the August 1 low

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

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

KAI will takeout the August 18 peak

KAI will drop below the August 1 low

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

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

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

KAI will takeout the August 18 peak

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

KAI will drop below the August 1 low

KAI will takeout the August 18 peak

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

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KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

Correct. Upvoted your comment:
https://steemit.com/blockchain/@blackyear/qhzh9q

KAI will takeout the August 18 peak

KAI will drop below the August 1 low

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

Correct. Upvoted your comment:
https://steemit.com/blockchain/@bigdonald/qhzi27

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KAI will takeout the August 18 peak

KAI will drop below the August 1 low

KAI will takeout the August 18 peak

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KAI se llevará el pico del 18 de agosto

KAI will takeout the August 18 peak

KAI will drop below the August 1 low

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

Correct. Upvoted your comment:
https://steemit.com/blockchain/@walku/qi2v43

KAI will takeout the August 18 peak

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

Correct. Upvoted your comment:
https://steemit.com/blockchain/@yuliyan/qi2uww

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

KAI will takeout the August 18 peak

KAI will takeout the August 18 peak

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

$rewarding 77

KAI will takeout the August 18 peak

KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7

Correct. Upvoted your comment:
https://steemit.com/gold/@richard78624/qi585j