Crypto Contest May 15: Hourglass

maarnio (75)in LeoFinance • 11 months ago

Hourglass (CRYPTO: WAITUSD) 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, WAIT began a red wave one advance on April 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 26 and the red wave two (blue sub-waves a-b-c) correction ended on May 12. If this wave count is correct, WAIT should be heading next towards the April 26 peak in the red wave three.

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

Funnymentals

Hourglass is a decentralized community that is built around the principles of self-reliance, creativity, camaraderie, and patience. You can watch their origin story below.

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

How Will Hourglass Trade?

Hourglass (CRYPTO: WAITUSD) four-hour 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

WAIT will takeout the April 26 peak

WAIT will drop below the April 10 low

WAIT will stay in a trading range between the April 10 low and the April 26 peak until June 20

Posted Using LeoFinance Alpha

#leofinance #pob #vyb #palnet #trading #contest #cent #neoxian

11 months ago in LeoFinance by maarnio (75)

$6.15

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toofasteddie (75) 11 months ago

WAIT will drop below the April 10 low

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maarnio (75) 11 months ago

Correct. Upvoted your post:
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1 vote

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toofasteddie (75) 11 months ago

Thanks
!LUV

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luvshares (58) 11 months ago

Made with

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maarnio (75) 11 months ago

You are welcome.
!LUV

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luvshares (58) 11 months ago

Made with

by crrdlx

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[-]

bitandi (74) 11 months ago

WAIT will drop below the April 10 low

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[-]

maarnio (75) 11 months ago

Correct. Upvoted your post:
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[-]

ace108 (78) 11 months ago

WAIT will stay in a trading range between the April 10 low and the April 26 peak until June 20

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kunschj (67) 11 months ago

WAIT will drop below the April 10 low

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maarnio (75) 11 months ago

Correct.

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[-]

femcy-willcy (69) 11 months ago

WAIT will stay in a trading range between the April 10 low and the April 26 peak until June 20

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tht (66) 11 months ago

WAIT will drop below the April 10 low

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[-]

maarnio (75) 11 months ago

Correct. Upvoted your post:
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[-]

monsterbuster (69) 11 months ago

WAIT will drop below the April 10 low

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Correct. Upvoted your post:
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WAIT will stay in a trading range between the April 10 low and the April 26 peak until June 20

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