Crypto Contest March 20: Starknet
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