Crypto Contest September 10: Radicle

in #steemleo3 years ago

Radicle (Huobi: RADBTC) 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, RAD began a red wave one advance on August 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 31 and the red wave two (blue sub-waves a-b-c) correction ended on September 8. If this wave count is correct, RAD should be heading next towards the August 31 peak in the red wave three.

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

Funnymentals

Radicle is a decentralized network for code collaboration. The Brutal Investor reviewed the project three days ago.

(Sources: https://radicle.xyz/)

How Will Radicle Trade?

Radicle (Huobi: RADBTC) 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.

RAD will takeout the August 31 peak

RAD will drop below the August 19 low

RAD will stay in a trading range between the August 19 low and the August 31 peak until October 17

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RAD will stay in a trading range between the August 19 low and the August 31 peak until October 17

RAD will stay in a trading between the Aug 19 low and the Aug 31 peak until Oct 17

RAD will stay in a trading range between the August 19 low and the August 31 peak until October 17

RAD will takeout the August 31 peak

RAD will stay in a trading range between the August 19 low and the August 31 peak until October 17

RAD will stay in a trading range between the August 19 low and the August 31 peak until October 17

RAD will drop below the August 19 low

RAD will drop below the August 19 low

RAD will drop below the August 19 low

RAD will drop below the August 19 low