Crypto Contest August 25: Resistance Dog

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Resistance Dog (CoinEx: REDOUSDT) 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, REDO began a red wave one advance on August 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 9 and the red wave two (blue sub-waves a-b-c) correction ended on August 25. If this wave count is correct, REDO should be heading next towards the August 9 peak in the red wave three.

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

Funnymentals

Resistance Dog is hand drawn by Ton and Telegram founder Pavel Durov to represent digital resistance against Russian internet censorship. Classy Crypto reviewed the project two months ago.

(Sources: https://www.redoton.com/)

How Will Resistance Dog Trade?

Resistance Dog (CoinEx: REDOUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (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

REDO will takeout the August 9 peak

REDO will drop below the August 5 low

REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

Posted Using InLeo Alpha

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27 comments
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REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

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REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

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REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

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Reply
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REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

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Reply
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REDO will drop below the August 5 low

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REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

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REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

!BEER
!BBH
!WINE

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@maarnio! @eii likes your content! so I just sent 1 BBH to your account on behalf of @eii. (1/5)

(html comment removed: )

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REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

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Reply
avatar

REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

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0.000
Reply
avatar

REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

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0.000
Reply
avatar

REDO will drop below the August 5 low

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0.000
Reply
avatar

REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

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0
0.000
Reply
avatar

REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

0
0
0.000
Reply
avatar

REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

0
0
0.000
Reply
avatar

REDO will drop below the August 5 low

0
0
0.000
Reply
avatar

REDO will stay in a trading range between the August 5 low and the August 9 peak until September 30

0
0
0.000
Reply