Crypto Contest October 14: Realio Network

in #blockchain4 years ago

Realio Network (OKEx: RIOUSDT) 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, RIO began a red wave one advance on July 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 17, and the red wave two correction ended on September 30. If this wave count is correct, RIO should be heading next towards the September 17 peak in the red wave three.

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

Funnymentals

Realio is a digital issuance, investment and peer-to-peer trading platform that utilizes a proprietary distributed network. You can read their latest update here.

(Sources: https://realio.fund/)

How Will Realio Network Trade?

Realio Network (RIOUSD) line chart by Coinmarketcap.

(Chart courtesy of Coinmarketcap.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.

RIO will takeout the September 17 peak

RIO will drop below the July 3 low

RIO will stay in a trading range between the July 3 low and the September 17 peak until November 20

Sort:  

RIO will drop below the July 3 low

RIO will takeout the September 17 peak

RIO will drop below the July 3 low

RIO will stay in a trading range between the July 3 low and the September 17 peak until November 20

RIO will stay in a trading range between the July 3 low and the September 17 peak until November 20

RIO will stay in a trading range between the July 3 low and the September 17 peak until November 20

RIO will drop below the July 3 low

RIO will stay in a trading range between the July 3 low and the September 17 peak until November 20

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Till then, see ya at the finish line.

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$trdo

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Here are the tips to the winners plus a bonus tip to the contest holder 👍
Screenshot_20201120-173928~2.png

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