Crypto Contest July 20: PlayDapp
PlayDapp (Binance: PLAUSDT) 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, PLA began a red wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 30 and the red wave two (blue sub-waves a-b-c) correction ended on July 13. If this wave count is correct, PLA should be heading next towards the June 30 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))
Funnymentals
PlayDapp wants to bring non-crypto game users into blockchain game users through the PlayDapp service platform. Altcoin Disrupt reviewed the project two months ago.
(Sources: https://playdapp.io/)
How Will PlayDapp Trade?
PlayDapp (Binance: PLAUSDT) four-hour 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.
PLA will takeout the June 30 peak
PLA will drop below the June 18 low
PLA will stay in a trading range between the June 18 low and the June 30 peak until August 26
Posted Using LeoFinance Beta