Crypto Contest October 25: BTRIPS

in #steemleo3 years ago

BTRIPS (Bittrex: BTRUSD) 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, BTR began a red wave one advance on October 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 20 and the red wave two (blue sub-waves a-b-c) correction ended on October 23. If this wave count is correct, BTR should be heading next towards the October 20 peak in the red wave three.

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

Funnymentals

BTRIPS is an integrated On / Offline commerce platform that offers various convenient services for all. You can watch their intro video below.

(Sources: https://www.btrips.io/)

How Will BTRIPS Trade?

BTRIPS (Bittrex: BTRUSD) 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 (posts only).

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.

BTR will takeout the October 20 peak

BTR will drop below the October 12 low

BTR will stay in a trading range between the October 12 low and the October 20 peak until December 2

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BTR will takeout the October 20 peak

BTR will takeout the October 20 peak

BTR will takeout the October 20 peak

BTR will takeout the October 20 peak

BTR will stay in a trading range between the October 12 low and the October 20 peak until December 2

BTR will takeout the October 20 peak

BTR will stay in a trading range between the October 12 low and the October 20 peak until December 2

BTR will takeout the October 20 peak

BTR will stay in a trading range between the October 12 low and the October 20 peak until December 2

BTR will takeout the October 20 peak