Crypto Contest August 20: Roxe Cash

in #steemleo3 years ago

Roxe Cash (Bittrex: ROCUSDT) 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, ROC began a red wave one advance on July 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 9 and the red wave two (blue sub-waves a-b-c) correction ended on August 16. If this wave count is correct, ROC should be heading next towards the August 9 peak in the red wave three.

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

Funnymentals

Roxe Chain is a hybrid blockchain purpose-built for payments. You can read their latest weekly update here.

(Sources: https://roxe.tech/)

How Will Roxe Cash Trade?

Roxe Cash (Bittrex: ROCUSDT) four-hour 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.

ROC will takeout the August 9 peak

ROC will drop below the July 17 low

ROC will stay in a trading range between the July 17 low and the August 9 peak until September 26

Sort:  

ROC will stay in a trading range between the July 17 low and the August 9 peak until September 26

ROC will stay in a trading range between the July 17 low and the August 9 peak until September 26

ROC will stay in a trading range between the July 17 low and the August 9 peak until September 26

ROC will drop below the July 17 low

ROC will stay in a trading range between the July 17 low and the August 9 peak until September 26

ROC will stay in a trading range between the July 17 low and the August 9 peak until September 26

ROC will drop below the July 17 low

ROC will stay in a trading range between the July 17 low and the Aug 9 peak until Sept 26

ROC will takeout the August 9 peak

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