Endor Protocol (Bittrex: EDRBTC) 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, EDR began a wave one advance on September 24. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 9, and the red wave two (blue sub-waves a-b-c) correction ended on October 15. If this wave count is correct, EDR should be heading next towards the October 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Endor Protocol offers automated predictions on encrypted data. You can read their latest development update here .
(Sources: https://www.endor.com/)
How Will Endor Protocol Trade?
Endor Protocol (Bittrex: EDRBTC) 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.
EDR will takeout the October 9 peak
EDR will drop below the September 24 low
EDR will stay in a trading range between the September 24 low and the October 9 peak until November 22
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EDR will takeout the October 9 peak
(54.05%)
20
/ 37
54.05% Complete (success)
EDR will stay in a trading range between the September 24 low and the October 9 peak until November 22
(27.03%)
10
/ 37
27.03% Complete (success)
EDR will drop below the September 24 low
(18.92%)
7
/ 37
18.92% Complete (success)