Crypto Contest October 25: Router Protocol
Router Protocol (KuCoin: ROUTEUSDT) 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, ROUTE began a red wave one advance on May 8. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 11 and the red wave two (blue sub-waves a-b-c) correction ended on September 26. If this wave count is correct, ROUTE should be heading next towards the July 11 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Router Protocol is a secure, scalable, modular, composable framework for cross-chain interoperability. I Explain Crypto reviewed the project one month ago.
(Sources: https://www.routerprotocol.com/)
How Will Router Protocol Trade?
Router Protocol (KuCoin: ROUTEUSDT) 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
ROUTE will takeout the July 11 peak
ROUTE will drop below the May 8 low
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
Posted Using InLeo Alpha
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
ROUTE will drop below the May 8 low
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
ROUTE will takeout the July 11 peak
Correct. Upvoted your post:
https://hive.blog/hive-184309/@tokutaro22/investing-in-sim-and-giving-3065714a93809
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
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ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
ROUTE will drop below the May 8 low
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
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ROUTE will drop below the May 8 low
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1
ROUTE will drop below the May 8 low
ROUTE will stay in a trading range between the May 8 low and the July 11 peak until December 1