Crypto Contest September 26: Globe Derivative Exchange
Globe Derivative Exchange (AscendEX: GDTUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, GDT began a red wave one advance on August 7. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 2 and the red wave two (blue sub-waves a-b-c) correction ended on September 24. If this wave count is correct, GDT should be heading next towards the September 2 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Globe Derivative Exchange is a "second-generation" cryptocurrency derivatives exchange. You can read their latest AMA here.
(Sources: https://globedx.com/)
How Will Globe Derivative Exchange Trade?
Globe Derivative Exchange (AscendEX: GDTUSDT) four-hour 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 and comment below.
GDT will takeout the September 2 peak
GDT will drop below the August 7 low
GDT will stay in a trading range between the August 7 low and the September 2 peak until November 3
GDT will drop below the August 7 low
Correct. Upvoted your post:
https://steemit.com/steemit/@simonjay/daily-steem-price-update-18-10-2021
GDT will stay in a trading range between the August 7 low and the September 2 peak until November 3
GDT will stay in a trading range between the August 7 low and the September 2 peak until November 3
GDT will stay in a trading range between the August 7 low and the September 2 peak until November 3
GDT will stay in a trading range between the August 7 low and the September 2 peak until November 3
GDT will stay in a trading range between the August 7 low and the September 2 peak until November 3
GDT will stay in a trading range between the August 7 low and the September 2 peak until November 3
GDT will drop below the August 7 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@carton/r0yank
GDT will stay in a trading range between the August 7 low and the September 2 peak until November 3
GDT will stay in a trading range between the August 7 low and the September 2 peak until November 3