Crypto Contest October 14: Realio Network
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
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
Correct. Upvoted your comment:
https://steemit.com/blockchain/@m29/qk30jz
RIO will stay in a trading range between the July 3 low and the September 17 peak until November 20
Correct. Upvoted your comment:
https://steemit.com/blockchain/@bozdag/qk31j5
RIO will stay in a trading range between the July 3 low and the September 17 peak until November 20
Correct. Upvoted your comment:
https://steemit.com/blockchain/@reklam/qk30jc
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
Correct. Upvoted your comment:
https://steemit.com/blockchain/@diogosantos/qjwjc8
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Till then, see ya at the finish line.
Universal crypto tipper, donor & sponsor
Tony.
$trdo
Here are the winners:
m29, bozdag, reklam, diogosantos, steem-d-anlovnit, vanbasten, colon2018, maltoz, tiktik, gretna, monsterbuster, eii, ziyaret, futurra, walku, paffer, jorgebgt, bigdonald
Here are the tips to the winners plus a bonus tip to the contest holder 👍
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高端大气巧克力
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