Crypto Contest May 19: Pink Elements

6 months ago

Pink Elements (Poloniex: PINKUSDT) 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, PINK began a red wave one advance on May 2. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 7 and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, PINK should be heading next towards the May 7 peak in the red wave three.

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

Funnymentals

Pink Elements is an AI-driven, decentralized platform for environmental information. Cilinix Crypto reviewed the project four months ago.

(Sources: https://pink-elements.com/)

How Will Pink Elements Trade?

Pink Elements (Poloniex: PINKUSDT) 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

PINK will takeout the May 7 peak

PINK will drop below the May 2 low

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24

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38 comments

@bleujay 72

6 months ago

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24

Cheers!

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@ace108 79

6 months ago

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24

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@kunschj 68

6 months ago

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24

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@blitzzzz 75

6 months ago

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24

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@toofasteddie 76

6 months ago

PINK will drop below the May 2 low

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@femcy-willcy 69

6 months ago

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24

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@tokutaro22 68

6 months ago

PINK will takeout the May 7 peak

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@maarnio 76

5 months ago

Correct. Upvoted your post:
https://hive.blog/hive-184309/@tokutaro22/psyber-free-giveaway-round-371

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@fredkese 71

6 months ago

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24

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@yeckingo1 71

6 months ago

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24

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@bitandi 75

6 months ago

PINK will takeout the May 7 peak

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@maarnio 76

5 months ago

Correct.

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@libertycrypto27 80

6 months ago

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24
!ALIVE
!WINE

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@youarealive 59

6 months ago

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@necho41 63

6 months ago

PINK will takeout the May 7 peak

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@maarnio 76

5 months ago

Correct.

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@jorgebgt 71

6 months ago

PINK will stay in a trading range between the May 2 low and the May 7 peak until June 24

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@hivebuzz 74

6 months ago

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