Crypto Contest August 28: Bittensor

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Bittensor (MEXC: TAOUSDT) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, TAO began a red wave one advance on July 3. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 25 and the red wave two (blue sub-waves a-b-c) correction ended on August 17. If this wave count is correct, TAO should be heading next towards the July 25 peak in the red wave three.

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

Funnymentals

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Crypto Empire reviewed the project 12 days ago.

(Sources: https://bittensor.com/)

How Will Bittensor Trade?

Bittensor (MEXC: TAOUSDT) daily 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

TAO will takeout the July 25 peak

TAO will drop below the July 3 low

TAO will stay in a trading range between the July 3 low and the July 25 peak until October 3

Posted Using LeoFinance Alpha



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42 comments
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TAO will stay in a trading range between the July 3 low and the July 25 peak until October 3

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TAO will takeout the July 25 peak

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TAO will takeout the July 25 peak

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TAO will stay in a trading range between the July 3 low and the July 25 peak until October 3

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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!WINE

!LOLZ
!LUV
!PIZZA

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TAO will takeout the July 25 peak

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TAO will drop below the July 3 low

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