Crypto Contest October 18: Dora Factory

in #steemleo3 years ago

Dora Factory (KuCoin: DORAUSDT) 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, DORA began a red wave one advance on June 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 29 and the red wave two (blue sub-waves a-b-c) correction ended on September 30. If this wave count is correct, DORA should be heading next towards the August 29 peak in the red wave three.

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

Funnymentals

Dora Factory is a programmable, multi-chain DAO-as-a-Service open infrastructure on Substrate. NoAutoPilot reviewed the project three months ago.

(Sources: https://dorafactory.org/)

How Will Dora Factory Trade?

Dora Factory (KuCoin: DORAUSDT) 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.

DORA will takeout the August 29 peak

DORA will drop below the June 26 low

DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25

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DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25

DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25

DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25

DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25

DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25

DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25

DORA will drop below the June 26 low

DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25

DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25

DORA will stay in a trading range between the June 26 low and the August 29 peak until November 25