Crypto Contest April 26: REVV
REVV (KuCoin: REVVBTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, REVV began a red wave one advance on February 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 29 and the red wave two (blue sub-waves a-b-c) correction ended on April 23. If this wave count is correct, REVV should be heading next towards the March 29 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The REVV token is an ERC-20 utility token that acts as the main currency for a number of game dApps developed by Animoca Brands. EllioTrades Crypto reviewed the project last year.
(Sources: https://www.revvmotorsport.com/)How Will REVV Trade?
REVV (KuCoin: REVVBTC) 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.
REVV will takeout the March 29 peak
REVV will drop below the February 10 low
REVV will stay in a trading range between the February 10 low and the March 29 peak until June 2
REVV will stay in a trading range between the February 10 low and the March 29 peak until June 2
Correct. Upvoted your comment:
https://steemit.com/steemleo/@imisstheoldkanye/qtv2sr
REVV will drop below the February 10 low
REVV will stay in a trading range between the February 10 low and the March 29 peak until June 2
Correct. Upvoted your comment:
https://steemit.com/steemleo/@vanbasten/qtwo2g
REVV will takeout the March 29 peak
REVV will drop below the February 10 low
REVV will takeout the March 29 peak
REVV will takeout the March 29 peak
REVV will stay in a trading range between the February 10 low and the March 29 peak until June 2
Correct. Upvoted your comment:
https://steemit.com/steemleo/@gbk78/qtwp5x
REVV will stay in a trading range between the February 10 low and the March 29 peak until June 2
Correct. Upvoted your comment:
https://steemit.com/steemleo/@yefet/qu18nr
REVV will stay in a trading range between the February 10 low and the March 29 peak until June 2
Correct. Upvoted your comment:
https://steemit.com/steemleo/@sporttr/qtwo36