Crypto Contest October 3: Dreamr

in #steemleo3 years ago

Dreamr (Bittrex: DMRUSDT) 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, DMR began a red wave one advance on September 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 16 and the red wave two (blue sub-waves a-b-c) correction ended on September 30. If this wave count is correct, DMR should be heading next towards the September 16 peak in the red wave three.

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

Funnymentals

Dreamr is an ecosystem of social networking and financial tools designed specifically to make practical the pursuit of our biggest dreams. You can read their latest update here.

(Sources: https://www.dreamr.app/)

How Will Dreamr Trade?

Dreamr (Bittrex: DMRUSDT) 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.

DMR will takeout the September 16 peak

DMR will drop below the September 10 low

DMR will stay in a trading range between the September 10 low and the September 16 peak until November 10

Sort:  

DMR will stay in a trading range between the September 10 low and the September 16 peak until November 10

DMR will stay in a trading range between the September 10 low and the September 16 peak until November 10

DMR will drop below the September 10 low

DMR will drop below the September 10 low

DMR will drop below the September 10 low

DMR will stay in a trading range between the September 10 low and the September 16 peak until November 10

DMR will stay in a trading range between the September 10 low and the September 16 peak until November 10

DMR will stay in a trading range between the September 10 low and the September 16 peak until November 10

DMR will stay in a trading range between the September 10 low and the September 16 peak until November 10

DMR will drop below the September 10 low