Melon (Kraken: MLNUSD) 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, MLN began a red wave one advance on March 13. The red wave one finished on May 3, and the red wave two correction ended on May 11. The blue sub-wave three advance finished on August 31, and the blue sub-wave four correction ended on September 5. If this wave count is correct, MLN should be heading next towards the August 31 peak in the blue sub-wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Melon is a protocol for decentralized on-chain wealth management. BlockchainBrad interviewed the founder two months ago.
(Sources: https://melonprotocol.com/)How Will Melon Trade?
Melon (Kraken: MLNUSD) 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.
MLN will takeout the August 31 peak
MLN will drop below the August 12 low
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
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MLN will drop below the August 12 low
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@calg/qihkv4
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MLN will drop below the August 12 low
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@futurra/qic05g
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MLN will takeout the August 31 peak
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Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
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Submit
MLN will takeout the August 31 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will takeout the August 31 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will drop below the August 12 low
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Submit
Correct. Upvoted your comment:
https://steemit.com/blockchain/@cooleye/qic05j
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MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will drop below the August 12 low
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@nzl19500/qi8942
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MLN will drop below the August 12 low
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@nazonyan/qihj63
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MLN will takeout the August 31 peak
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Submit
MLN will drop below the August 12 low
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Submit
Correct. Upvoted your comment:
https://steemit.com/blockchain/@diogosantos/qicqxp
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MLN will takeout the August 31 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will drop below the August 12 low
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Correct. Upvoted your comment:
https://steemit.com/blockchain/@gretna/qi89bp
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MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
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Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
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Hi~ maarnio!
@eii has gifted you 1 SHOP!
Currently you have: 21 SHOP
View or Exchange
Are you bored? Play Rock,Paper,Scissors game with me!SHOP
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MLN will drop below the August 12 low
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$rewarding 70
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MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
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Submit
MLN will drop below the August 12 low
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Correct. Upvoted your post:
https://steemit.com/hive-139293/@jorgebgt/the-superiority-of-the-birds-is-confirmed-en-cast-se-confirma-la-superioridad-de-las-aves
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MLN will takeout the August 31 peak
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Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
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MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
!shop
$trdo
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MLN will takeout the August 31 peak
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Submit
MLN will drop below the August 12 low
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Submit
Correct. Upvoted your comment:
https://steemit.com/blockchain/@gbk78/qihkne
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MLN will takeout the August 31 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will takeout the August 31 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Hello to all the steemers participating in this contest...
First of all I want to thank you for buying some more time & taking part in the contest, it's encouraging to see you fighting for crypto adoption and that's so thrilling and for that I have decided to tip the winners of today's contest.
@maarnio you know how we get down. just drop the names of the winners and I will tip all of them.
More giveaways & sponsorships coming your way, I will try my best to tip the winners of the contests held daily by our kind buddy @maarnio so we can engage more and create awareness on crypto adoption.
Till then, see ya at the finish line.
Universal crypto tipper, donor & sponsor
Tony.
$trdo
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Here are the winners:
calg, futurra, cooleye, bitandi, nzl19500, nazonyan, gretna, stalexmkl, jorgebgt, bigdonald, gbk78, belsander, tarkow, necho41, diogosantos
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Here are the tips to the winners plus a bonus tip for the contest holder 👍
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MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will drop below the August 12 low
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Correct. Upvoted your post:
https://steemit.com/cn/@bitandi/so-is-dat-mit-zwillingen
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MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will drop below the August 12 low
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Correct. Upvoted your comment:
https://steemit.com/blockchain/@belsander/qic05l
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MLN will takeout the August 31 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will takeout the August 31 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will takeout the August 31 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will drop below the August 12 low
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Correct. Upvoted your comment:
https://steemit.com/blockchain/@tarkow/qic0b7
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will takeout the August 31 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will drop below the August 12 low
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
$rewarding 70
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will stay in a trading range between the August 12 low and the August 31 peak until October 20
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MLN will drop below the August 12 low
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Correct. Upvoted your comment:
https://steemit.com/blockchain/@bigdonald/qi8az6
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