Crypto Contest March 20: Starknet

in fbcrypto •  9 months ago 

Starknet (Binance: STRKUSDT) 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, STRK began a red wave one advance on February 29. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 13 and the red wave two (blue sub-waves a-b-c) correction ended on March 19. If this wave count is correct, STRK should be heading next towards the March 13 peak in the red wave three.

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

Funnymentals

StarkNet is a permissionless decentralized Validity-Rollup. Dynamo DeFi reviewed the project one week ago.

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

How Will Starknet Trade?

Starknet (Binance: STRKUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

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

STRK will takeout the March 13 peak

STRK will drop below the February 29 low

STRK will stay in a trading range between the February 29 low and the March 13 peak until April 25

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STRK will takeout the March 13 peak

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STRK will stay in a trading range between the February 29 low and the March 13 peak until April 25

STRK will drop below the February 29 low

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STRK will stay in a trading range between the February 29 low and the March 13 peak until April 25

STRK will takeout the March 13 peak

STRK will takeout the March 13 peak

STRK will stay in a trading range between the February 29 low and the March 13 peak until April 25

STRK will drop below the February 29 low

STRK will stay in a trading range between the February 29 low and the March 13 peak until April 25

STRK will takeout the March 13 peak

STRK will stay in a trading range between the February 29 low and the March 13 peak until April 25