Crypto Contest March 23: SalmonationsteemCreated with Sketch.

in #fbcryptolast year

Salmonation (PancakeSwap: SUIUSD) 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, SUI began a red wave one advance on December 17, 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 8 this year and the red wave two (blue sub-waves a-b-c) correction ended on February 13. If this wave count is correct, SUI should be heading next towards the February 8 peak in the red wave three.

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

Funnymentals

As the first DeFi Blockchain in Indonesia, Salmonchain will serve society and the community with its convenient method for better experiences. Salmonchain is engaged in industry, tourism, property, art, and much more (SRC 20 and SRC721). You can watch their intro video below.

(Sources: https://salmonchain.com/)

How Will Salmonation Trade?

Salmonation (PancakeSwap: SUIUSD) 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.

SUI will takeout the February 8 peak

SUI will drop below the December 17 low

SUI will stay in a trading range between the December 17 low and the February 8 peak until April 29

Sort:  

SUI will takeout the February 8 peak

SUI will stay in a trading range between the December 17 low and the February 8 peak until April 29

SUI will drop below the December 17 low

SUI will drop below the December 17 low

@maarnio

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SUI will stay in a trading range between the December 17 low and the February 8 peak until April 29

maarnio, thanks for your kindness to gift SHOP to 12 steemians, you have been received a 96.77% upvote from me~
@tipu curate

SUI will takeout the February 8 peak

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