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Crypto Contest October 10: RevolutionVR

Asked by maarnio Promote - View in Steemit - Audit

RevolutionVR (Bittrex: RVRUSD) has broken out of the triangle pattern in the four-hour chart. nimet-n.png (Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, RVR began a wave one advance on September 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 1, and the red wave two (blue sub-waves a-b-c) correction ended on October 5. If this wave count is correct, RVR should be heading next towards the October 1 peak in the red wave three. nimet-n2.png (Chart courtesy of Tradingview.com (log scale))

Funnymentals

RevolutionVR is creating VR games. You can read their latest update here. nimet-n4.png (Sources: http://revolutionvr.live/)

How Will RevolutionVR Trade?

RevolutionVR (Bittrex: RVRUSD) four-hour chart by Tradingview. nimet-n3.png (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.

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RVR will stay in a trading range between the September 25 low and the October 1 peak until November 15 (53.85%) 28 / 52
53.85% Complete (success)
RVR will takeout the October 1 peak (25.0%) 13 / 52
25.0% Complete (success)
RVR will drop below the September 25 low (21.15%) 11 / 52
21.15% Complete (success)

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