Crypto Contest January 22: Gleec

in #blockchain4 years ago

Gleec (Bittrex: GLEECUSD) 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, GLEEC began a red wave one advance on December 8, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 25, 2020 and the red wave two (blue sub-waves a-b-c) correction ended on January 21 this year. If this wave count is correct, GLEEC should be heading next towards the December 25, 2020 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Gleec is a semi-decentralized digital ecosystem powered by blockchain. You can watch their intro video below.

(Sources: https://gleec.com/)

How Will Gleec Trade?

Gleec (Bittrex: GLEECUSD) 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.

GLEEC will takeout the December 25, 2020 peak

GLEEC will drop below the December 8, 2020 low

GLEEC will stay in a trading range between the December 8, 2020 low and the December 25, 2020 peak until February 28

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GLEEC will stay in a trading range between the December 8, 2020 low and the December 25, 2020 peak until February 28

GLEEC will takeout the December 25, 2020 peak

GLEEC will drop below the December 8, 2020 low

GLEEC will stay in a trading range between the December 8, 2020 low and the December 25, 2020 peak until February 28

GLEEC will takeout the December 25, 2020 peak

GLEEC will drop below the December 8, 2020 low

GLEEC will stay in a trading range between the December 8, 2020 low and the December 25, 2020 peak until February 28

GLEEC will takeout the December 25, 2020 peak

GLEEC will stay in a trading range between the December 8, 2020 low and the December 25, 2020 peak until February 28

GLEEC will takeout the December 25, 2020 peak