Crypto Contest December 31: Decentraland
Decentraland (HitBTC: MANAUSDT) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, MANA began a wave one advance in September 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in November this year. If this wave count is correct, MANA should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Decentraland is a virtual world owned by its users. You can watch DCL Blogger's December analysis below.
(Sources: https://decentraland.org/)How Will Decentraland Trade?
Decentraland (HitBTC: MANAUSDT) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
- MANA will takeout the May peak
- MANA will drop below the November low
- MANA will stay in a trading range between the November low and the May peak until February 5
Answer the question at dpoll.xyz.