Crypto Contest August 15: Ergo
Ergo (CoinEx: ERGUSDT) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, ERG began a red wave one advance in July 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in August 2021 and the red wave two (blue sub-waves a-b-c) correction ended in July this year. If this wave count is correct, ERG should be heading next towards the August 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
The Ergo platform aims to provide an efficient, secure, and easy way to implement financial contracts that will be useful and survivable in the long term. Big Arch and Money reviewed the project two days ago.
(Sources: https://ergoplatform.org/)
How Will Ergo Trade?
Ergo (CoinEx: ERGUSDT) 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.
ERG will takeout the March 28 peak
ERG will drop below the July 13 low
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
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ERG will takeout the March 28 peak
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
Correct. Upvoted your post:
https://hive.blog/hive-167922/@yeckingo1/my-goals-in-hive-week-32ae8aa820c3
Posted Using LeoFinance Beta
ERG will drop below the July 13 low
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
Correct.
Posted Using LeoFinance Beta
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
Correct. Upvoted your post:
https://hive.blog/hive-167922/@femcy-willcy/how-much-should-you-save-for-an-emergency-fund
Posted Using LeoFinance Beta
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
Correct.
Posted Using LeoFinance Beta
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
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Posted Using LeoFinance Beta
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ENGAGEtoday.Correct. Upvoted your post:
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ERG will drop below the July 13 low
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
Posted Using LeoFinance Beta
Correct. Upvoted your post:
https://hive.blog/hive-13323/@jfang003/splinterlands-weekly-challenge-battle-pelacor-arbalest
Posted Using LeoFinance Beta
ERG will takeout the March 28 peak
ERG will takeout the March 28 peak
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
Correct. Upvoted your post:
https://hive.blog/hive-193552/@fredkese/actifit-fredkese-20220920t225933885z
Posted Using LeoFinance Beta
Thank you
You are welcome.
Posted Using LeoFinance Beta
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
Posted Using LeoFinance Beta
Correct.
Posted Using LeoFinance Beta
ERG will drop below the July 13 low
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
Posted Using LeoFinance Beta
Correct. Upvoted your post:
https://hive.blog/hive-167922/@tengolotodo/post-lpud-saturday-savers-hitting-leo-goals
Posted Using LeoFinance Beta
Awesome thank you :)
You are welcome.
Posted Using LeoFinance Beta
😎😁
ERG will stay in a trading range between the July 13 low and the March 28 peak until September 21
Correct.
Posted Using LeoFinance Beta
ERG will takeout the March 28 peak