Crypto Contest December 15: COVER Protocol
COVER Protocol (Binance: COVERBUSD) 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, COVER began a red wave one advance on December 5. The red wave one finished on December 6 and the red wave two correction ended on December 8. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on December 10 and the red wave four (blue sub-waves a-b-c) correction ended on December 12. If this wave count is correct, COVER should be heading next towards the December 10 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
COVER Protocol provides peer to peer coverage with fungible tokens. Gabriel Haines covered the protocol yesterday.
(Sources: https://www.coverprotocol.com/)How Will COVER Protocol Trade?
COVER Protocol (Binance: COVERUSD) four-hour 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.
COVER will takeout the December 10 peak
COVER will drop below the December 8 low
COVER will stay in a trading range between the December 8 low and the December 10 peak until January 21, 2021
COVER will stay in a trading range between the December 8 low and the December 10 peak until January 21, 2021
COVER will stay in a trading range between the December 8 low and the December 10 peak until January 21, 2021
COVER will stay in a trading range between the December 8 low and the December 10 peak until January 21, 2021
COVER will stay in a trading range between the December 8 low and the December 10 peak until January 21, 2021
COVER will takeout the December 10 peak
Hello to all the steemers participating in this contest 👋😊
I'm commenting with lots of love str8 from 🇰🇪
First of all I want to thank you for buying some more time & taking part in the contest, it's encouraging to see you guys 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 under my comment section 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:
geytzy1995-hanna, monsterbuster, carton, pum, maltoz, tiktik, gretna, moneyandmoney, bigdonald, coruna, hn13, melire, futurra, yuliyan, kalasat, aminator
COVER will stay in a trading range between the December 8 low and the December 10 peak until January 21, 2021
COVER will takeout the December 10 peak
COVER will drop below the December 8 low
Correct. Upvoted your post:
https://steemit.com/cn/@monsterbuster/monsterbuster-s-risingstar-block-nr-109
COVER will takeout the December 10 peak