Crypto Contest September 10: Alpha Venture DAO

in #fbcrypto2 years ago

Alpha Venture DAO (Binance: ALPHAUSDT) 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, ALPHA began a red wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 8 and the red wave two (blue sub-waves a-b-c) correction ended on September 7. If this wave count is correct, ALPHA should be heading next towards the August 8 peak in the red wave three.

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

Funnymentals

Alpha Venture DAO is a community of daring individuals who aspire to shape the future of Web3 and expand the Web3 ecosystem together with a network of Web3 industry leaders and Alpha community. You can watch their intro video below.

(Sources: https://alphaventuredao.io/)

How Will Alpha Venture DAO Trade?

Alpha Venture DAO (Binance: ALPHAUSDT) 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.

ALPHA will takeout the August 8 peak

ALPHA will drop below the June 18 low

ALPHA will stay in a trading range between the June 18 low and the August 8 peak until October 17

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ALPHA will stay in a trading range between the June 18 low and the August 8 peak until October 17

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ALPHA will takeout the August 8 peak

ALPHA will stay in a trading range between the June 18 low and the August 8 peak until October 17

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ALPHA will takeout the August 8 peak

ALPHA will stay in a trading range between the June 18 low and the August 8 peak until October 17

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ALPHA will drop below the June 18 low