Crypto Contest August 22: Loser Coin

in #fbcrypto2 years ago

Loser Coin (Gate.io: LOWBUSDT) 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, LOWB began a red wave one advance on May 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 14 and the red wave two (blue sub-waves a-b-c) correction ended on July 13. If this wave count is correct, LOWB should be heading next towards the May 14 peak in the red wave three.

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

Funnymentals

Losercoin is a project initiated by two poor guys from China, one is a father of two kids from a village, the other one is a programmer living a miserable life by working 60 hours a week. You can watch their intro video below.

(Sources: https://losercoin.org/)

How Will Loser Coin Trade?

Loser Coin (Gate.io: LOWBUSDT) 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.

LOWB will takeout the May 14 peak

LOWB will drop below the May 13 low

LOWB will stay in a trading range between the May 13 low and the May 14 peak until September 28

Sort:  

LOWB will stay in a trading range between the May 13 low and the May 14 peak until September 28

LOWB will stay in a trading range between the May 13 low and the May 14 peak until September 28

LOWB will stay in a trading range between the May 13 low and the May 14 peak until September 28

!shop

Hi~ eii!
@maarnio has gifted you 1 SHOP!

Currently you have: 304 SHOP

View or Exchange SHOP Please go to steem-engine.net.

Are you bored? Play Rock,Paper,Scissors game with me!

Hi~ maarnio!
@eii has gifted you 1 SHOP!

Currently you have: 126 SHOP

View or Exchange SHOP Please go to steem-engine.net.

Are you bored? Play Rock,Paper,Scissors game with me!

LOWB will takeout the May 14 peak

Reshared your post👍 Thanks for growing Crypto Culture🔥

LOWB will stay in a trading range between the May 13 low and the May 14 peak until September 28

LOWB will drop below the May 13 low

LOWB will stay in a trading range between the May 13 low and the May 14 peak until September 28

maarnio, thanks for your kindness to gift SHOP to 7 steemians, you have been received a 76.92% upvote from me~
@tipu curate

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