Crypto Contest July 29: DMM Governance Token

[maarnio]

DMM Governance Token (OKEx: DMGUSDT) 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, DMG began a red wave one advance on July 20. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 22, and the red wave two (blue sub-waves a-b-c) correction ended on July 28. If this wave count is correct, DMG should be heading next towards the July 22 peak in the red wave three.

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

Funnymentals

DMM Governance is a DeFi money market DAO. You can watch their latest AMA here.

(Sources: https://defimoneymarket.com/)

How Will DMM Governance Token Trade?

DMM Governance Token (OKEx: DMGUSDT) daily 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.

DMG will takeout the July 22 peak

DMG will drop below the July 20 low

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

Posted Using LeoFinance

Comments

[muscarno]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[paffer]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[mhsm]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[verhollo]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@verhollo/qeove3

[any123]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[kohr]

DMG will drop below the July 20 low

[nezyar]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[walku]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@walku/qevphn

[koskl]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@koskl/re-maarnio-qen6sz

[eii]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

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for you

[maarnio]

!BEER

Posted Using LeoFinance

[beerlover]

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[beerlover]

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[kunschj]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/juniperoserra/@kunschj/re-thesocalhive-202086t6387291z

[fredkese]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your post:
https://hive.blog/bnwphotography/@fredkese/black-and-white-photography-242

[fredkese]

Thank you

[fredkese]

Thank you

[maarnio]

You are welcome.

[gregory-f]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your post:
https://hive.blog/hive-193552/@gregory-f/actifit-gregory-f-20200811t035517107z

[toofasteddie]

DMG will drop below the July 20 low

[voice71]

DMG will drop below the July 20 low

[oneacc]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@oneacc/qer1yj

[bitandi]

DMG will drop below the July 20 low

[yova]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@yova/re-maarnio-202088t6417196z

[batto]

DMG will drop below the July 20 low

[yuliyan]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@yuliyan/qempra

[monsterbuster]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[seemoon]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@seemoon/qemzya

[limit1984]

DMG will drop below the July 20 low

[dangerousattack]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[bntcamelo]

DMG will drop below the July 20 low

[rosauradels]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your post:
https://hive.blog/hive-148441/@rosauradels/dia-de-oportunidades

[sait]

DMG will drop below the July 20 low

[jorgebgt]

DMG will drop below the July 20 low

[asetat]

DMG will drop below the July 20 low

[frit]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[zazamorton]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@zazamorton/qeoy4u

[mshares]

DMG will drop below the July 20 low

[necho41]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[yova]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@yova/re-maarnio-202088t53813172z

[monnet]

DMG will takeout the July 22 peak

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@monnet/qer25r

[pipp]

DMG will drop below the July 20 low

[tanqu]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3

[aminator]

DMG will drop below the July 20 low

[rebe.torres12]

DMG will stay in a trading range between the July 20 low and the July 22 peak until September 3