Crypto Contest June 15: Io.Net
io.net (Meteora: IOUSD) 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, IO began a red wave one advance on June 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 12 and the red wave two (blue sub-waves a-b-c) correction ended on June 14. If this wave count is correct, IO should be heading next towards the June 12 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
io.net the world’s largest decentralized AI computing network that allows machine learning engineers to access scalable distributed clusters at a small fraction of the cost of comparable centralized services. Gerhard - Bitcoin Strategy reviewed the project two days ago.
(Sources: https://io.net/)
How Will io.net Trade?
io.net (Meteora: IOUSD) 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
IO will takeout the June 12 peak
IO will drop below the June 11 low
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will takeout the June 12 peak
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
Thank you @maarnio
Cheers!
You are welcome.
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will takeout the June 12 peak
IO will drop below the June 11 low
Correct. Upvoted your post:
https://hive.blog/hive-140635/@tht/my-garden-beans-are-ripe
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IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will takeout the June 12 peak
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
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IO will drop below the June 11 low
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Correct. Upvoted your post:
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View or trade
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BEER.IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will takeout the June 12 peak
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21.
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will drop below the June 11 low
Correct. Upvoted your post:
https://hive.blog/hive-193552/@trincowski-pt/actifit-trincowski-pt-20240709t210707528z
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will drop below the June 11 low
Correct. Upvoted your post:
https://hive.blog/hive-193552/@jorgebgt/actifit-jorgebgt-20240710t041519121z
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21
IO will stay in a trading range between the June 11 low and the June 12 peak until July 21