Crypto Contest March 30: Assemble Protocol

in fbcrypto •  3 years ago 

Assemble Protocol (Gate.io: ASMUSDT) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, ASM began a red wave one advance on October 21, 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 30, 2021 and the red wave two (blue sub-waves a-b-c) correction ended on February 24 this year. If this wave count is correct, ASM should be heading next towards the October 30, 2021 peak in the red wave three.

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

Funnymentals

Assemble Protocol claims to be a blockchain-based global point integration platform. You can read their roadmap here.

(Sources: https://assembleprotocol.io/)

How Will Assemble Protocol Trade?

Assemble Protocol (Gate.io: ASMUSDT) daily 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.

ASM will takeout the October 30, 2021 peak

ASM will drop below the October 21, 2021 low

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

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ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

ASM will takeout the October 30, 2021 peak

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

Correct.

ASM will drop below the October 21, 2021 low

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

Thanks

You are welcome.

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

Correct.

ASM will takeout the October 30, 2021 peak

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

Correct.

ASM will takeout the October 30, 2021 peak

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

Correct.

ASM will takeout the October 30, 2021 peak

  ·  3 years ago 

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Cold Pot

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ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

!shop

ASM will takeout the October 30, 2021 peak

ASM will drop below the October 21, 2021 low

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

Correct.

ASM will takeout the October 30, 2021 peak

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

Correct.

ASM will drop below the October 21, 2021 low

ASM will drop below the October 21, 2021 low

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

ASM will stay in a trading range between the October 21, 2021 low and the October 30, 2021 peak until May 7

Correct.

ASM will drop below the October 21, 2021 low

ASM will drop below the October 21, 2021 low