Crypto Contest September 7: xDai STAKE

in blockchain •  4 years ago 

xDai STAKE (Poloniex: STAKEUSDT) 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, STAKE began a red wave one advance on July 15. The red wave one finished on July 22, and the red wave two correction ended on July 27. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on September 2, and the red wave four (blue sub-waves a-b-c) correction ended on September 5. If this wave count is correct, STAKE should be heading next towards the September 2 peak in the red wave five.

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

Funnymentals

The xDai Chain is a stable payments blockchain designed for fast and inexpensive stable transactions. xDai is used for transactions, payments and fees, and STAKE is used to support Proof-of-Stake consensus. Cryptovator explained how you can stake your STAKE.

(Sources: https://www.xdaichain.com/)

How Will xDai STAKE Trade?

xDai STAKE (Poloniex: STAKEUSDT) 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.

STAKE will takeout the September 2 peak

STAKE will drop below the August 24 low

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

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STAKE will takeout the September 2 peak

STAKE will drop below the August 24 low

Correct. Upvoted your comment:
https://steemit.com/blockchain/@sporttr/qhgqm3

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will drop below the August 24 low

Correct. Upvoted your comment:
https://steemit.com/blockchain/@melire/qhgt51

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

  ·  4 years ago (edited)

STAKE will takeout the September 2 peak

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will takeout the September 2 peak

STAKE will drop below the August 24 low

Correct. Upvoted your comment:
https://steemit.com/hive-148441/@yuliyan/qhh2py

STAKE will drop below the August 24 low

Correct. Upvoted your comment:
https://steemit.com/hive-148441/@goddar/qhq913

STAKE will drop below the August 24 low

Correct. Upvoted your comment:
https://steemit.com/blockchain/@cooleye/qhgt5i

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will takeout the September 2 peak

STAKE will takeout the September 2 peak

STAKE will takeout the September 2 peak

STAKE will takeout the September 2 peak

STAKE will takeout the September 2 peak

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will takeout the September 2 peak

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

!shop
$trdo

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will takeout the September 2 peak

STAKE will drop below the August 24 low

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

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will takeout the September 2 peak

STAKE will drop below the August 24 low

Correct. Upvoted your comment:
https://steemit.com/blockchain/@hn13/qhgr16

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will takeout the September 2 peak

STAKE will drop below the August 24 low

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

  ·  4 years ago 

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STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will takeout the September 2 peak

STAKE will drop below the August 24 low

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

STAKE will drop below the August 24 low

Correct. Upvoted your comment:
https://steemit.com/blockchain/@gbk78/qhgs03

STAKE will drop below the August 24 low

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

STAKE will takeout the September 2 peak

STAKE will takeout the September 2 peak

STAKE eliminará el pico del 2 de septiembre

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

Here are the winners:
sporttr, melire, yuliyan, goddar, cooleye, vaco, hn13, rosauradels, bozdag, gbk78, calg, jorgebgt, hellenita

here are the tips to the winners plus a bonus tip to the contest holder 👍
IMG_20201005_172747.jpg

STAKE will drop below the August 24 low

STAKE will stay in a trading range between the August 24 low and the September 2 peak until October 13

STAKE will drop below the August 24 low

$rewarding 77