Crypto Contest March 7: Rotharium

in #fbcrypto3 years ago

Rotharium (Bittrex: RTHUSDT) 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, RTH began a red wave one advance on February 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 3 and the red wave two (blue sub-waves a-b-c) correction ended on March 6. If this wave count is correct, RTH should be heading next towards the March 3 peak in the red wave three.

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

Funnymentals

Rotharium is the first token from Austria listed on Bitcoin ATMs and used in international retail sector for payment. You can check their latest game app below.

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

How Will Rotharium Trade?

Rotharium (Bittrex: RTHUSDT) 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.

RTH will takeout the March 3 peak

RTH will drop below the February 26 low

RTH will stay in a trading range between the February 26 low and the March 3 peak until April 14

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RTH will stay in a trading range between the February 26 low and the March 3 peak until April 14

RTH will stay in a trading range between the February 26 low and the March 3 peak until April 14

RTH will drop below the February 26 low

RTH will drop below the February 26 low

RTH will drop below the February 26 low

RTH will drop below the February 26 low

RTH will stay in a trading range between the February 26 low and the March 3 peak until April 14