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Crypto Contest October 30: ARPA Chain

Asked by maarnio Promote - View in Steemit - Audit

ARPA Chain (Huobi: ARPABTC) 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, ARPA began a wave one advance on October 11. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 17, and the red wave two (blue sub-waves a-b-c) correction ended on October 26. If this wave count is correct, ARPA should be heading next towards the October 17 peak in the red wave three. nimet-n2.png (Chart courtesy of Tradingview.com (log scale))

Funnymentals

ARPA is a privacy-preserving computation solution for blockchains and enterprises. BlockchainBrad interviewed the co-founder earlier this year.

(Sources: https://arpachain.io/)

How Will ARPA Chain Trade?

ARPA Chain (Huobi: ARPABTC) 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.

You need to be logged in to vote for the polls. Click to log in via Steemconnect or alternatively you can vote with Keychain.

ARPA will takeout the October 17 peak (45.07%) 32 / 71
45.07% Complete (success)
ARPA will stay in a trading range between the October 11 low and the October 17 peak until December 5 (29.58%) 21 / 71
29.58% Complete (success)
ARPA will drop below the October 11 low (25.35%) 18 / 71
25.35% Complete (success)

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