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Crypto Contest March 20: Starknet

maarnio - 2024-03-20 14:48:03

Starknet (Binance: STRKUSDT) has broken out of the triangle pattern in the four-hour chart.
https://i.postimg.cc/Dywvz6nb/Nimet-n.png
(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, STRK began a red wave one advance on February 29. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 13 and the red wave two (blue sub-waves a-b-c) correction ended on March 19. If this wave count is correct, STRK should be heading next towards the March 13 peak in the red wave three.
https://i.postimg.cc/1t16x2xF/nimet-n2.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


StarkNet is a permissionless decentralized Validity-Rollup. Dynamo DeFi reviewed the project one week ago.



(Sources: https://www.starknet.io/)


How Will Starknet Trade?


Starknet (Binance: STRKUSDT) four-hour chart by Tradingview.
https://i.postimg.cc/kMvhvj51/nimet-n3.png
(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


STRK will takeout the March 13 peak


STRK will drop below the February 29 low


STRK will stay in a trading range between the February 29 low and the March 13 peak until April 25