Crypto Contest June 21: Kendu Inu
Kendu Inu (Uniswap: KENDUUSD) 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, KENDU began a red wave one advance on May 19. The red wave one peaked on May 30 and the red wave two correction ended on May 30. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on June 10 and the red wave four (blue sub-waves a-b-c) correction ended on June 17. If this wave count is correct, KENDU should be heading next towards the June 10 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Kendu Inu is uniting the six native Japanese dog breeds. Zach Humphries reviewed the project one week ago.
(Sources: https://kenduinu.com/)
How Will Kendu Inu Trade?
Kendu Inu (Uniswap: KENDUUSD) 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
KENDU will takeout the June 10 peak
KENDU will drop below the June 4 low
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
Posted Using InLeo Alpha
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will takeout the June 10 peak
Cheers!
Correct. Upvoted your post:
https://hive.blog/life/@bleujay/principle-of-the-day-sh8i7j
Thank you ...appreciate these contests!
You are welcome.
KENDU will drop below the June 4 low
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
Very interesting how Kendu Inu is leveraging Japanese dog breeds. Exciting to see how it plays out in the market though
We did take out the June 10 peak.
KENDU will drop below the June 4 low
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
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KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will drop below the June 4 low
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will takeout the June 10 peak
Correct.
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will stay in a trading range between the June 4 low and the June 10 peak until July 27
KENDU will drop below the June 4 low