Cryptocurrencies

Crypto Contest March 31: Project Pai

Project Pai (Huobi: PAIUSDT) 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, Pai began a wave one advance on February 8. The red wave one finished on February 24, and the red wave two correction ended on February 26. The red wave three advance finished on March 9, and the red wave four correction ended on March 17. If this wave count is correct, Pai should be heading next towards the March 9 peak in the red wave five.

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

Funnymentals

Project Pai is founded on the belief that every person in the world should have their own digital avatar, one that speaks, thinks, and behaves just like their self. Crypto Coins reviewed the project last month.

(Sources: Project Pai and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) “Pai will takeout the March 9 peak”.

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) “Pai will drop below the February 8 low”.

If you think Pai is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “Pai will stay in a trading range between the February 8 low and the March 9 peak until May 5”.

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

You can upvote the comment until 3 PM EST April 3 and you can upvote only one comment. 50% of liquid STEEM + SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).

Bonus 1

I will be sending one Trophy Token (@trophy-token) or one Steem Monsters (@steemmonsters) card to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.

Bonus 2

Upvote the right comment and the main post with at least $0.10 and you will get 3 x the winning prize.

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