Crypto Contest June 30: Moonbeam

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Moonbeam (Binance: GLMRUSDT) 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, GLMR began a red wave one advance on June 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 23 and the red wave two (blue sub-waves a-b-c) correction ended on June 30. If this wave count is correct, GLMR should be heading next towards the June 23 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Crypto Goals reviewed the project yesterday.

(Sources: https://moonbeam.network/)

How Will Moonbeam Trade?

Moonbeam (Binance: GLMRUSDT) 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

GLMR will takeout the June 23 peak

GLMR will drop below the June 15 low

GLMR will stay in a trading range between the June 15 low and the June 23 peak until August 5

Posted Using LeoFinance Alpha

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53 comments
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GLMR will stay in a trading range between the June 15 low and the June 23 peak until August 5

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Thanks
!LUV

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Congratulations @maarnio! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

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GLMR will stay in a trading range between the June 15 low and the June 23 peak until August 5

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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!WINE
!LOLZ
!LUV
!PIZZA

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(Edited)

PIZZA!

$PIZZA slices delivered:
@maarnio(2/5) tipped @shturm
shturm tipped maarnio
eii tipped maarnio
maarnio tipped eii

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GLMR will drop below the June 15 low

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GLMR will takeout the June 23 peak

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