Crypto Contest March 4: DREP
hive-167922·@maarnio·
0.000 HBDCrypto Contest March 4: DREP
DREP (Binance: DREPUSDT) has broken out of the triangle pattern in the four-hour chart. https://i.postimg.cc/ZKrGvcqn/nimet-n.png (Chart courtesy of Tradingview.com (log scale)) **Elliott Wave Analysis** In Elliott Wave terms, DREP began a wave one advance on January 28. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 17, and the red wave two (blue sub-waves a-b-c) correction ended on February 26. If this wave count is correct, DREP should be heading next towards the February 17 peak in the red wave three. https://i.postimg.cc/J4szJSkx/nimet-n2.png (Chart courtesy of Tradingview.com (log scale)) **Funnymentals** DREP aims to build “connectors” and “toolkits" using blockchain technology to provide solutions that combine ease of use and flexibility. You can watch their intro video below. <iframe width="560" height="315" src="https://www.youtube.com/embed/_PmxGqu07G8" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> (Sources: https://www.drep.org/) **How Will DREP Trade?** DREP (Binance: DREPUSDT) four-hour chart by Tradingview. https://i.postimg.cc/fyLbRRX7/nimet-n3.png (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. DREP will takeout the February 17 peak DREP will drop below the January 28 low DREP will stay in a trading range between the January 28 low and the February 17 peak until April 7 Posted via <a href="https://steemleo.com/">Steemleo</a>
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