Crypto Contest September 7: LeoFinance

in #steemleo3 years ago

LeoFinance (Uniswap: WLEOUSD) has broken out of the triangle pattern in the daily chart.

image.png

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, WLEO began a red wave one advance on November 12, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 15 this year and the red wave two (blue sub-waves a-b-c) correction ended on July 21. If this wave count is correct, WLEO should be heading next towards the March 15 peak in the red wave three.

image.png

(Chart courtesy of Tradingview.com)

Funnymentals

LeoFinance is a social media community that distributes LEO/wLEO to authors and curators as tokenized rewards. You can read their latest stats here.

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

How Will LeoFinance Trade?

LeoFinance (Uniswap: WLEOUSD) daily chart by Tradingview.

image.png

(Chart courtesy of Tradingview.com)

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.

WLEO will takeout the March 15, 2021 peak

WLEO will drop below the November 12, 2020 low

WLEO will stay in a trading range between the November 12, 2020 low and the March 15, 2021 peak until October 14

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WLEO will stay in a trading range between the November 12, 2020 low and the March 15, 2021 peak until October 14

WLEO will stay in a trading range between the November 12, 2020 low and the March 15, 2021 peak until October 14

WLEO will takeout the March 15, 2021 peak

WLEO will stay in a trading range between the November 12, 2020 low and the March 15, 2021 peak until October 14

WLEO will stay in a trading range between the November 12, 2020 low and the March 15, 2021 peak until October 14

WLEO will stay in a trading range between the November 12, 2020 low and the March 15, 2021 peak until October 14

WLEO will stay in a trading range between the November 12, 2020 low and the March 15, 2021 peak until October 14

WLEO will stay in a trading range between the November 12, 2020 low and the March 15, 2021 peak until October 14

WLEO will stay in a trading range between the November 12, 2020 low and the March 15, 2021 peak until October 14

WLEO will drop below the November 12, 2020 low

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