Crypto Contest March 19: Velo
Velo (KuCoin: VELOUSDT) 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, VELO began a red wave one advance on December 17, 2022. The red wave one peaked on January 20 this year and the red wave two correction ended on February 10. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on February 26 and the red wave four (blue sub-waves a-b-c) correction ended on March 10. If this wave count is correct, VELO should be heading next towards the February 26 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Velo is "next generation" financial protocol for businesses. You can watch their latest AMA below.
(Sources: https://www.velo.org/)
How Will Velo Trade?
Velo (KuCoin: VELOUSDT) 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.
VELO will takeout the February 26 peak
VELO will drop below the February 10 low
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
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VELO will takeout the February 26 peak
VELO will takeout the February 26 peak
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
Correct. Upvoted your post:
https://hive.blog/hive-184309/@yeckingo1/wrestling-organization-online-giveaway-245
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VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
Correct. Upvoted your post:
https://hive.blog/hive-193552/@fredkese/actifit-fredkese-20230424t221206244z
Posted Using LeoFinance Beta
Thank you
You are welcome.
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VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
Posted Using LeoFinance Beta
Correct. Upvoted your post:
https://hive.blog/hive-167922/@jfang003/my-hive-goals-for-2023-week-16
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VELO will take out the February 26 peak.
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
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Congratulations, @maarnio You Successfully Shared 0.100 WINEX With @eii.
You Earned 0.100 WINEX As Curation Reward.
You Utilized 1/3 Successful Calls.
Contact Us : WINEX Token Discord Channel
WINEX Current Market Price : 0.154
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Correct. Upvoted your post:
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You Earned 0.200 WINEX As Curation Reward.
You Utilized 2/3 Successful Calls.
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VELO will takeout the February 26 peak
Posted Using LeoFinance Beta
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
Correct. Upvoted your post:
https://hive.blog/hive-193552/@trincowski-pt/actifit-trincowski-pt-20230424t225244603z
Posted Using LeoFinance Beta
VELO will takeout the February 26 peak
VELO will drop below the February 10 low
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
Correct.
Posted Using LeoFinance Beta
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
Correct.
Posted Using LeoFinance Beta
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
Correct.
Posted Using LeoFinance Beta
VELO will takeout the February 26 peak
Posted Using LeoFinance Beta
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
Correct.
Posted Using LeoFinance Beta
VELO will takeout the February 26 peak
VELO will takeout the February 26 peak
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
Correct. Upvoted your post:
https://hive.blog/hive-167922/@jorgebgt/my-favorite-exchange-house
Posted Using LeoFinance Beta