Crypto Contest August 21: Palette
Palette (Bybit: PLTUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, PLT began a red wave one advance on August 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 9 and the red wave two (blue sub-waves a-b-c) correction ended on August 16. If this wave count is correct, PLT should be heading next towards the August 9 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Palette is a blockchain optimized for Manga/Sports/Music NFTs. You can find their token allocation here.
(Sources: https://hashpalette.com/en/)
How Will Palette Trade?
Palette (Bybit: PLTUSDT) four-hour 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
PLT will takeout the August 9 peak
PLT will drop below the August 6 low
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
Posted Using InLeo Alpha
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
Cheers, Bleujay
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will drop below the August 6 low
!BEER
View or trade
BEER.Hey @maarnio, here is a little bit of
BEERfrom @barski for you. Enjoy it!We love your support by voting @detlev.witness on HIVE .
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
!BEER
!BBH
!WINE
View or trade
BEER.Hey @maarnio, here is a little bit of
BEERfrom @eii for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.@maarnio! @eii likes your content! so I just sent 1 BBH to your account on behalf of @eii. (1/5)
(html comment removed:
)
PLT will drop below the August 6 low
PLT will drop below the August 6 low
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will stay in a trading range between the August 6 low and the August 9 peak until September 26
PLT will drop below the August 6 low
PLT will drop below the August 6 low
We did take out the August 9 peak.