Crypto Contest October 23: SuperRare

in #steemleo3 years ago

SuperRare (Binance: RAREUSDT) 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, RARE began a red wave one advance on October 11. The red wave one peaked on October 11 and the red wave two (blue sub-waves a-b-c) correction ended on October 15. If this wave count is correct, RARE should be heading next towards the October 11 peak in the red wave three.

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

Funnymentals

SuperRare is the "future" of the CryptoArt market. mrmasa reviewed the project one week ago.

(Sources: https://superrare.com/)

How Will SuperRare Trade?

SuperRare (Binance: RAREUSDT) 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.

RARE will takeout the October 11 peak

RARE will drop below the October 11 low

RARE will stay in a trading range between the October 11 low and the October 11 peak until November 30

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RARE will stay in a trading range between the October 11 low and the October 11 peak until November 30

RARE will stay in a trading range between the October 11 low and the October 11 peak until November 30

RARE will stay in a trading range between the October 11 low and the October 11 peak until November 30

RARE will stay in a trading range between the October 11 low and the October 11 peak until November 30

RARE will takeout the October 11 peak

RARE will takeout the October 11 peak

RARE will drop below the October 11 low

RARE will drop below the October 11 low

RARE will stay in a trading between the Oct 11 low and the Oct 11 peak until Nov 30

RARE will takeout the October 11 peak