Crypto Contest December 12: Ethereum Name Service
Ethereum Name Service (Huobi: ENSUSDT) 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, ENS began a red wave one advance on November 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 27 and the red wave two (blue sub-waves a-b-c) correction ended on December 11. If this wave count is correct, ENS should be heading next towards the November 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Zooming out in the four-hour chart, I believe ENS is currently in the red wave three (blue sub-wave iii). The red wave one began on November 9 and the red wave two correction ended on November 19.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
ENS is an open, public, decentralized identity protocol that runs on the Ethereum blockchain. VoskCoin reviewed the project one month ago.
(Sources: https://ens.domains/)
How Will Ethereum Name Service Trade?
Ethereum Name Service (Huobi: ENSUSDT) 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.
ENS will takeout the November 27 peak
ENS will drop below the November 19 low
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
Posted Using LeoFinance Beta
ENS will drop below the November 19 low
Correct. Upvoted your post:
https://hive.blog/hive-194913/@kunschj/spring-cleaning-1
Posted Using LeoFinance Beta
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
ENS will drop below the November 19 low
Correct.
Posted Using LeoFinance Beta
ENS will drop below the November 19 low
Correct. Upvoted your post:
https://hive.blog/hive-167922/@toofasteddie/yes-i-have-bought-btc-again
Posted Using LeoFinance Beta
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
Posted Using LeoFinance Beta
ENS will take out the November 27 peak.
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
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ENS will takeout the November 27 peak
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
ENS will takeout the November 27 peak
Posted Using LeoFinance Beta
ENS will takeout the November 27 peak
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19
ENS will stay in a trading range between the November 19 low and the November 27 peak until January 19