Crypto Contest September 6: Phala Network

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Phala Network (Huobi: PHAUSDT) 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, PHA began a red wave one advance on September 11, 2020. The red wave one peaked on September 15, 2020 and the red wave two correction ended on November 26, 2020. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on May 15 this year and the red wave four (blue sub-waves a-b-c) correction ended on July 21. If this wave count is correct, PHA should be heading next towards the May 15 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Phala Network offers trustless and private computation cloud with blockchain technologies. The Brutal Investor reviewed the project five days ago.

(Sources: https://phala.network/)

How Will Phala Network Trade?

Phala Network (Huobi: PHAUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))

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.

PHA will takeout the May 15 peak

PHA will drop below the May 24 low

PHA will stay in a trading range between the May 24 low and the May 15 peak until October 13

Posted Using LeoFinance Beta



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102 comments
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PHA will stay in a trading range between the May 24 low and the May 15 peak until October 13

!ENGAGE 100
!WINE
!LUV
!PIZZA
!BEER

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@maarnio! I sent you a slice of $PIZZA on behalf of @eii.

Did you know you can trade $PIZZA on Hive-Engine, Tribaldex, or LeoDex? (6/10)

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!ENGAGE 100
!WINE
!LUV
!PIZZA
!BEER

Posted Using LeoFinance Beta

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PHA will takeout the May 15 peak

!WINE
!BEER
!LUV
!PIZZA

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@maarnio! I sent you a slice of $PIZZA on behalf of @valentin86.

Did you know you can trade $PIZZA on Hive-Engine, Tribaldex, or LeoDex? (1/10)

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!WINE
!BEER
!LUV
!PIZZA

Posted Using LeoFinance Beta

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Congratulations @maarnio! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You have been a buzzy bee and published a post every day of the week.

You can view your badges on your board and compare yourself to others in the Ranking
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To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

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PHA will takeout the May 15 peak

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PHA will stay in a trading range between the May 24 low and the May 15 peak until October 13

Posted Using LeoFinance Beta

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author hykss. This is done by setting the beneficiaries of this comment to 100 %.

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PHA will takeout the May 15 peak

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PHA will stay in a trading range between the May 24 low and the May 15 peak until October 13

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author trincowski. This is done by setting the beneficiaries of this comment to 100 %.

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PHA will stay in a trading range between the May 24 low and the May 15 peak until October 13

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author bntcamelo. This is done by setting the beneficiaries of this comment to 100 %.

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PHA will drop below the May 24 low

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PHA will takeout the May 15 peak

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PHA will takeout the May 15 peak

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0.000
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PHA will drop below the May 24 low

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0.000
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PHA will takeout the May 15 peak

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0.000
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PHA will takeout the May 15 peak

0
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0.000
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PHA will drop below the May 24 low

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0.000
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PHA will drop below the May 24 low

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0
0.000
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PHA will takeout the May 15 peak

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0.000
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PHA will drop below the May 24 low

0
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0.000
avatar

PHA will takeout the May 15 peak

0
0
0.000
avatar

PHA will drop below the May 24 low

0
0
0.000
avatar

PHA will takeout the May 15 peak

0
0
0.000
avatar

PHA will drop below the May 24 low

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0.000
avatar

PHA will takeout the May 15 peak

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0.000
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PHA will drop below the May 24 low

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