Crypto Contest April 19: Solama

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Solama (BitMart: SOLAMAUSDT) 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, SOLAMA began a red wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 8 and the red wave two (blue sub-waves a-b-c) correction ended on April 18. If this wave count is correct, SOLAMA should be heading next towards the March 8 peak in the red wave three.

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

Funnymentals

Solama is the official 'unofficial' Solana mascot. Roshawn Silva reviewed the project two weeks ago.

(Sources: https://www.solama.com/)

How Will Solama Trade?

Solama (BitMart: SOLAMAUSDT) 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

SOLAMA will takeout the March 8 peak

SOLAMA will drop below the February 19 low

SOLAMA will stay in a trading range between the February 19 low and the March 8 peak until May 25

Posted Using InLeo Alpha

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41 comments
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SOLAMA will drop below the February 19 low

Cheers!

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SOLAMA will drop below the February 19 low

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SOLAMA will stay in a trading range between the February 19 low and the March 8 peak until May 25

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SOLAMA will takeout the March 8 peak
!BEER

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SOLAMA will drop below the February 19 low

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SOLAMA will stay in a trading range between the February 19 low and the March 8 peak until May 25

!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. (1/5)

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SOLAMA will stay in a trading range between the February 19 low and the March 8 peak until May 25

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SOLAMA will stay in a trading range between the February 19 low and the March 8 peak until May 25

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0.000
Reply
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SOLAMA will stay in a trading range between the February 19 low and the March 8 peak until May 25

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0.000
Reply