Crypto Contest May 1: Areon Network

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Areon Network (Bitget: AREAUSDT) 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, AREA began a red wave one advance on February 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 13 and the red wave two (blue sub-waves a-b-c) correction ended on April 13. If this wave count is correct, AREA should be heading next towards the March 13 peak in the red wave three.

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

Funnymentals

Areon Network is a next-generation layer 1 blockchain with a unique consensus mechanism: Proof of Area. BTDcrypto reviewed the project three weeks ago.

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

How Will Areon Network Trade?

Areon Network (Bitget: AREAUSDT) 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

AREA will takeout the March 13 peak

AREA will drop below the February 10 low

AREA will stay in a trading range between the February 10 low and the March 13 peak until June 6

Posted Using InLeo Alpha

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51 comments
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Lucky you! This post has been manually curated by the Bilpcoin Team. Our reputation score is low due to wrongful downvotes. !WEED !MEME !GIF !LOL

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AREA will takeout the March 13 peak

Cheers!

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AREA will drop below the February 10 low

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AREA will takeout the March 13 peak
!BEER

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AREA will stay in a trading range between the February 10 low and the March 13 peak until June 6

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AREA will stay in a trading range between the February 10 low and the March 13 peak until June 6
!ALIVE
!PIZZA

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AREA will stay in a trading range between the February 10 low and the March 13 peak until June 6

!BEER
!BBH
!WINE

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AREA will stay in a trading range between the February 10 low and the March 13 peak until June 6

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AREA will stay in a trading range between the February 10 low and the March 13 peak until June 6

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AREA will stay in a trading range between the February 10 low and the March 13 peak until June 6

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AREA will takeout the March 13 peak

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