Crypto Contest January 21: Pyth Network
Pyth Network (OKX: PYTHUSDT) 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, PYTH began a red wave one advance on November 20, 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 24, 2023 and the red wave two (blue sub-waves a-b-c) correction ended on January 8 this year. If this wave count is correct, PYTH should be heading next towards the November 24 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
The Pyth Network is the "largest and fastest-growing" first-party oracle network. Discover Crypto reviewed the project three weeks ago.
(Sources: https://pyth.network/)
How Will Pyth Network Trade?
Pyth Network (OKX: PYTHUSDT) daily 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
PYTH will takeout the November 24 peak
PYTH will drop below the November 20 low
PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26
Posted Using InLeo Alpha
PYTH will takeout the November 24 peak
Correct. Upvoted your post:
https://hive.blog/hive-167922/@toofasteddie/not-the-best-moment-to-lower-the-apr-of-the-hbd-in-savings
Thanks
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PYTH will takeout the November 24 peak
Correct. Upvoted your post:
https://hive.blog/hive-105017/@ace108/marketfriday-reunion-dinner-or-by-ace108
Thanks
You are welcome.
PYTH will takeout the November 24 peak
Correct. Upvoted your post:
https://hive.blog/deutsch/@bitandi/ein-mittagessen-fuer-die-ganz
PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26
PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26
PYTH will takeout the November 24 peak
Correct. Upvoted your post:
https://hive.blog/hive-109288/@femcy-willcy/things-don-t-happen-overnight
PYTH will takeout the November 24 peak
Correct.
PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26
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PYTH will takeout the November 24 peak
Correct. Upvoted your post:
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PYTH will takeout the November 24 peak
Correct. Upvoted your post:
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PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26
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BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
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STOPPYTH will take out the November 24 peak
Considering the Elliott Wave analysis indicating a potential move towards the November 24 peak, coupled with the positive fundamentals of Pyth Network as a leading oracle network, I believe PYTH has the momentum to surpass the previous peak. Looking forward to the outcome!
"Also, remember the Bitcoin halving this year, which can boost many cryptocurrencies."
Correct. Upvoted your post:
https://hive.blog/hive-167922/@kreuter2022/fuerte-cada-en-monero-y-otras-criptomonedas-por-decisin-de-binance-en-retirar-del-intercambio-espeng
Well done here!
PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26
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PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26
PYTH will drop below the November 20 low
PYTH will takeout the November 24 peak
Correct. Upvoted your post:
https://hive.blog/deutsch/@monsterbuster/monsterbuster-s-january-heavy-metal-playlist-twisted-sister-with-three-songs-de-en
PYTH will takeout the November 24 peak
Correct. Upvoted your post:
https://hive.blog/hive-193552/@trincowski-pt/actifit-trincowski-pt-20240209t231342208z
PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26
PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26
PYTH will stay in a trading range between the November 20 low and the November 24 peak until February 26