Crypto Contest July 31: DIA

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DIA (Coinbase: DIAUSD) 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, DIA began a red wave one advance on June 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 12 and the red wave two (blue sub-waves a-b-c) correction ended on July 25. If this wave count is correct, DIA should be heading next towards the July 12 peak in the red wave three.

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

Funnymentals

DIA (Decentralised Information Asset) is an open-source oracle platform that enables market actors to source, supply and share trustable data. You can find their latest weekly recap here.

(Sources: https://www.diadata.org/)

How Will DIA Trade?

DIA (Coinbase: DIAUSD) daily 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

DIA will takeout the July 12 peak

DIA will drop below the June 15 low

DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

Posted Using LeoFinance Alpha



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43 comments
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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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DIA will drop below the June 15 low

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Thanks
!LUV

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DIA will takeout the July 12 peak

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

!PGM !LOOL !PIZZA

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(Edited)

PIZZA!

$PIZZA slices delivered:
@maarnio(2/5) tipped @eii
valentin86 tipped maarnio
maarnio tipped valentin86
eii tipped maarnio

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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June 15 marked the lowest price for DIA, in fact it is lower than the listing price on Binance. In my humble opinion, I believe DIA will likely remain within a trading range bounded by the June 15 low and the July 12 peak until September 5, unless an unforeseen black swan event occurs.

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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DIA will stay in a trading range between the June 15 low and the July 12 peak until September 5

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