Crypto Contest June 22: Juggernaut

in #steemleo3 years ago

Juggernaut (Uniswap: JGNUSDT) 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, JGN began a red wave one advance on December 30, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 8 this year and the red wave two (blue sub-waves a-b-c) correction ended on June 13. If this wave count is correct, JGN should be heading next towards the May 8 peak in the red wave three.

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

Funnymentals

Juggernaut is unstoppable DeFi + NFTs. The Brutal Investor reviewed the project last month.

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

How Will Juggernaut Trade?

Juggernaut (Uniswap: JGNUSDT) 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.

JGN will takeout the May 8 peak

JGN will drop below the February 28 low

JGN will stay in a trading range between the February 28 low and the May 8 peak until July 29

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JGN will takeout the May 8 peak

JGN will stay in a trading range between the February 28 low and the May 8 peak until July 29

JGN will stay in a trading range between the February 28 low and the May 8 peak until July 29

JGN will drop below the February 28 low

JGN will drop below the February 28 low

JGN will stay in a trading range between the February 28 low and the May 8 peak until July 29

JGN will drop below the February 28 low

JGN will stay in a trading range between the February 28 low and the May 8 peak until July 29

JGN will drop below the February 28 low

JGN will drop below the February 28 low