Crypto Contest August 31: Velo

[maarnio]

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 in September 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in November 2020 and the red wave two (blue sub-waves a-b-c) correction ended on August 6 this year. If this wave count is correct, VELO should be heading next towards the November 2020 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Velo is a blockchain based financial protocol enabling digital credit issuance and borderless asset transfer for businesses using a smart contract system. You can read their latest AMA here.
(Sources: https://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 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.

VELO will takeout the March 24 peak

VELO will drop below the August 6 low

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

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Comments

[yefet]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

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[valentin86]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

!WINE
!BEER
!LUV
!PIZZA

[wine.bot]

^{Congratulations, @valentin86 You Successfully Shared 0.100 WINE With @maarnio.
You Earned 0.100 WINE As Curation Reward.
You Utilized 1/1 Successful Calls.}

---

^{Contact Us : WINE Token Discord Channel
WINE Current Market Price : 0.271}

[pizzabot]

@maarnio! I sent you a slice of $PIZZA on behalf of @valentin86.

Did you know PIZZA team has a curation trail with 29 followers? _(1/10)

[luvshares]

^<><

<><

^LUV

^Connect

^Trade

@maarnio, you've been given LUV from @valentin86.

Check the LUV in your H-E wallet. LUV changes soon. _(1/5)

[maarnio]

!WINE
!BEER
!LUV
!PIZZA

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[wine.bot]

^{Congratulations, @maarnio You Successfully Shared 0.100 WINE With @valentin86.
You Earned 0.100 WINE As Curation Reward.
You Utilized 1/1 Successful Calls.}

---

^{Contact Us : WINE Token Discord Channel
WINE Current Market Price : 0.271}

[luvshares]

^<><

<><

^LUV

^Connect

^Trade

@valentin86, you've been given LUV from @maarnio.

Check the LUV in your H-E wallet. LUV changes soon. _(1/10)

[pizzabot]

@valentin86! I sent you a slice of $PIZZA on behalf of @maarnio.

Did you know PIZZA has a very active community Discord? _(1/10)

[kunschj]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[trincowski]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[funnel]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

!LUV

---

_{Posted via proofofbrain.io}

[luvshares]

^<><

<><

^LUV

^Connect

^Trade

@maarnio, you've been given LUV from @funnel.

Check the LUV in your H-E wallet. LUV changes soon. _(1/4)

[sait]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[frit]

VELO will drop below the August 6 low

[maarnio]

$rewarding

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[rewarding]

The reward of this comment goes 100 % to the author frit. This is done by setting the beneficiaries of this comment to 100 %.

[seemoon]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[nezyar]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[gerhunt]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[jorgebgt]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[verhollo]

VELO will takeout the March 24 peak

[pipp]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[joseph230]

VELO will takeout the March 24 peak

[dangerousattack]

VELO will takeout the March 24 peak

[mhsm]

VELO will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@mhsm/r0g31w
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[rewarding]

The reward of this comment goes 100 % to the author mhsm. This is done by setting the beneficiaries of this comment to 100 %.

[oneacc]

VELO will takeout the March 24 peak

[tanqu]

VELO will drop below the August 6 low

[maarnio]

$rewarding

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[rewarding]

The reward of this comment goes 100 % to the author tanqu. This is done by setting the beneficiaries of this comment to 100 %.

[mshares]

VELO will takeout the March 24 peak

[mlkk]

VELO will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@mlkk/r0ga9b

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[antafactor]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[necho41]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[fredkese]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[eii]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

!ENGAGE 100
!WINE
!LUV
!PIZZA
!BEER

[wine.bot]

^{Congratulations, @eii You Successfully Shared 0.200 WINE With @maarnio.
You Earned 0.200 WINE As Curation Reward.
You Utilized 2/2 Successful Calls.}

---

^{Contact Us : WINE Token Discord Channel
WINE Current Market Price : 0.271}

[luvshares]

^<><

<><

^LUV

^Connect

^Trade

@maarnio, you've been given LUV from @eii.

Check the LUV in your H-E wallet. LUV changes soon. _(2/10)

[pizzabot]

@maarnio! I sent you a slice of $PIZZA on behalf of @eii.

Have you voted for Pizza teams Hive witness (pizza.witness)? _(5/10)

[maarnio]

!ENGAGE 100
!WINE
!LUV
!PIZZA
!BEER

Posted Using LeoFinance ^Beta

[wine.bot]

^{Hi @maarnio, You Have No Enough WINE Tokens To Make Another Successful Call.
Please Stake More WINE Tokens.
(We Will Not Send This Error Message In Next 24 Hrs).}

---

^{Contact Us : WINE Token Discord Channel
WINE Current Market Price : 0.271}

[luvshares]

^<><

<><

^LUV

^Connect

^Trade

@eii, you've been given LUV from @maarnio.

Check the LUV in your H-E wallet. LUV changes soon. _(2/10)

[pizzabot]

@eii! I sent you a slice of $PIZZA on behalf of @maarnio.

Did you know you can earn $VFT through the PIZZA farm? _(2/10)

[misterengagement]

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

[sifondeseltz]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[siphon]

!LUV

[luvshares]

^<><

<><

^LUV

^Connect

^Trade

@sifondeseltz, you've been given LUV from @siphon.

Check the LUV in your H-E wallet. LUV changes soon. _(2/3)

[toofasteddie]

VELO will takeout the March 24 peak

[jfang003]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

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[hykss]

VELO will takeout the March 24 peak

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[da-prince]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

---

_{Posted via proofofbrain.io}

[gregory-f]

VELO will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@gregory-f/r0l03w

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[eii]

[ace108]

VELO will takeout the March 24 peak

[hivebuzz]

Congratulations @maarnio! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You have been a buzzy bee and published a post every day of the month.

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To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

	Introducing the Hive Power Up Month - Let's grow every day!
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[monsterbuster]

VELO will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@monsterbuster/re-maarnio-2021107t847193z

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[koskl]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[limit1984]

VELO will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@limit1984/r0g2ri

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[kohr]

VELO will takeout the March 24 peak

[muscarno]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[asetat]

VELO will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@asetat/r0g368

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[zeyt]

VELO will takeout the March 24 peak

[zazamorton]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[howyou]

VELO will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@howyou/r0gaha

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[without]

VELO will takeout the March 24 peak

[alvarezjohn]

VELO will takeout the March 24 peak

[telcall]

VELO will takeout the March 24 peak

[voice71]

VELO will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@voice71/r0gakn

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[monnet]

VELO will stay in a trading range between the August 6 low and the March 24 peak until October 7

[pacu]

VELO will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@pacu/r0gadm

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[wpage]

VELO will takeout the March 24 peak