Crypto Contest September 9: Myria

M
maarnio

Myria (OKX: MYRIAUSDT) 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, MYRIA began a red wave one advance on August 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 24 and the red wave two (blue sub-waves a-b-c) correction ended on September 4. If this wave count is correct, MYRIA should be heading next towards the August 24 peak in the red wave three.

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


Funnymentals


Myria is an Ethereum Layer 2 scaling solution, purpose built to scale NFTs, blockchain gaming and more. DCA Crypto reviewed the project one month ago.


https://youtu.be/vr5dHvwDhPk?si=rA3vwYxWgaQq66EV


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


How Will Myria Trade?


Myria (OKX: MYRIAUSDT) 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


MYRIA will takeout the August 24 peak


MYRIA will drop below the August 5 low


MYRIA will stay in a trading range between the August 5 low and the August 24 peak until October 15

Comments