Crypto Contest February 3: MetaGear

in #crypto3 years ago

MetaGear (PancakeSwap: GEARUSD) has broken out of the triangle pattern in the four-hour chart.

image.png

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, GEAR began a red wave one advance on January 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 28 and the red wave two correction ended on January 29. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on January 31 and the red wave four (blue sub-waves a-b-c) correction ended on February 3. If this wave count is correct, GEAR should be heading next towards the January 31 peak in the red wave five.

image.png

(Chart courtesy of Tradingview.com)

Funnymentals

MetaGear is inspired by the intense battles between supercars in the popular TV show ''ROBOT WARS”, which opens up a modern Pixel world - Metaverse. Go Shiny Hunter reviewed the game one week ago.

(Sources: https://metagear.game/)

How Will MetaGear Trade?

MetaGear (PancakeSwap: GEARUSD) four-hour chart by Tradingview.

image.png

(Chart courtesy of Tradingview.com)

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.

GEAR will takeout the January 31 peak

GEAR will drop below the January 22 low

GEAR will stay in a trading range between the January 22 low and the January 31 peak until March 13

Sort:  

GEAR will drop below the January 22 low

GEAR will stay in a trading range between the January 22 low and the January 31 peak until March 13

GEAR will takeout the January 31 peak

GEAR will takeout the January 31 peak

GEAR will drop below the January 22 low

GEAR will stay in a trading range between the January 22 low and the January 31 peak until March 13

GEAR will stay in a trading range between the January 22 low and the January 31 peak until March 13

GEAR will drop below the January 22 low

GEAR will takeout the January 31 peak

GEAR will stay in a trading range between the January 22 low and the January 31 peak until March 13

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