Crypto Contest July 11: Silo Finance
Silo Finance (Balancer: SILOUSD) 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, SILO began a red wave one advance on March 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 27 and the red wave two (blue sub-waves a-b-c) correction ended on June 19. If this wave count is correct, SILO should be heading next towards the April 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Silo brings isolated lending markets to all token assets in the same way Uniswap brought liquidity pools to thousands of tokens. You can listen their latest community call below.
(Sources: https://www.silo.finance/)
How Will Silo Finance Trade?
Silo Finance (Balancer: SILOUSD) 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
SILO will takeout the April 27 peak
SILO will drop below the March 10 low
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Posted Using LeoFinance Alpha
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-194913/@toofasteddie/summer-road-trip-2-too
Thanks
!LUV
@maarnio, @toofasteddie(1/4) sent LUV. | connect | community | HiveWiki | NFT | <>< daily
! help(no space) to get help on Hive. InfoYou are welcome.
!LUV
@toofasteddie, @maarnio(1/10) sent LUV. | connect | community | HiveWiki | NFT | <>< daily
! help(no space) to get help on Hive. InfoSILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct.
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-105017/@ace108/beautifulsunday-japanese-western-diner-at-ma-maison-video-or-ma-maison-by-ace108
Thanks
You are welcome.
SILO will takeout the April 27 peak
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-155530/@femcy-willcy/wednesday-walk-with-street-art
SILO will drop below the March 10 low
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-167922/@tengolotodo.leo/lion-attack-on-my-leo-birthday-lpud
SILO will drop below the March 10 low
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-167922/@jfang003/brawl-report-29
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
!BEER
!BBH
!WINE
@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)
!BEER
!BBH
!WINE
@maarnio, sorry! You need more $BBH to use this command.
The minimum requirement is 1000.0 BBH balance.
More $BBH is available from Hive-Engine or Tribaldex
View or trade
BEER.Hey @eii, here is a little bit of
BEERfrom @maarnio for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.Correct. Upvoted your post:
https://hive.blog/mylandscapephotography/@eii/mylandscapephotography-16082023
!BEER
View or trade
BEER.Hey @maarnio, here is a little bit of
BEERfrom @eii for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.!WINE
!LOLZ
!LUV
!PIZZA
!WINE
!LOLZ
!LUV
!PIZZA
View or trade
BEER.Hey @maarnio, here is a little bit of
BEERfrom @eii for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.!WINE
!HUG
I sent 1.0 HUG on behalf of @eii.
(1/3)
!WINE
!HUG
I sent 1.0 HUG on behalf of @maarnio.
(1/3)
$PIZZA slices delivered:
@maarnio(2/5) tipped @shturm
shturm tipped maarnio
eii tipped maarnio
maarnio tipped eii
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
!WINE
!PIZZA
!LUV
@maarnio, @shturm(1/1) sent LUV. | connect | community | HiveWiki | NFT | <>< daily
! help(no space) to get help on Hive. Info!WINE
!PIZZA
!LUV
@shturm, @maarnio(1/10) sent LUV. | connect | community | HiveWiki | NFT | <>< daily
! help(no space) to get help on Hive. InfoCorrect.
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-193552/@trincowski-pt/actifit-trincowski-pt-20230815t221305457z
SILO will drop below the March 10 low
Posted using IceBreak
SILO will takeout the April 27 peak
Posted using IceBreak
!LOLZ
!HUG
Posted using IceBreak
I sent 1.0 HUG on behalf of @jamezmccoy1.
(1/2)
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-193552/@fredkese/actifit-fredkese-20230814t215017657z
Thank you
You are welcome.
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-194913/@rebe.torres12/a-walk-through-the-mountains-and-the-clouds
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-150329/@jorgebgt/challenges-to-conquer-the-moon
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-126152/@rosauradels/companies-manipulate-us
SILO will stay in a trading range between the March 10 low and the April 27 peak until August 16
Correct. Upvoted your post:
https://hive.blog/hive-150329/@bntcamelo/lockdowns-due-to-weather-emergency