Crypto Contest June 16: Gather

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Gather (MEXC: GATUSDT) 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, GAT began a red wave one advance on May 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 13 and the red wave two (blue sub-waves a-b-c) correction ended on June 11. If this wave count is correct, GAT should be heading next towards the May 13 peak in the red wave three.

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

Funnymentals

Gather encrypts information and data through the GProto communication protocol. Cryptos Cobra reviewed the project one month ago.

(Sources: https://www.gather.top/)

How Will Gather Trade?

Gather (MEXC: GATUSDT) 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

GAT will takeout the May 13 peak

GAT will drop below the May 1 low

GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

Posted Using InLeo Alpha



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38 comments
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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

Cheers!

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

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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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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

!BEER
!BBH
!WINE

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GAT will takeout the May 13 peak
!BEER

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Not sure about Gather but Hive seems to be on its way below $0.20, which is something I thought I would never see again. And it´s even worse that is happening in the middle of the bull run :(

@tipu curate 7

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We have seen this movie before..

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Yeah but not during the bull run :/

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Look closer. In March 2017 and November 2020 we made a bottom when BTC was already making new ATHs.

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You are right. Let´s hope the downtrend will not last too long.

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22. !BBH

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

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GAT will stay in a trading range between the May 1 low and the May 13 peak until July 22

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GAT will drop below the May 1 low

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