Crypto Contest August 2: Aurora

in LeoFinance6 months ago

Aurora (Bithumb: AOAKRW) 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, AOA began a red wave one advance on June 28. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 17, and the red wave two (blue sub-waves a-b-c) correction ended on July 31. If this wave count is correct, AOA should be heading next towards the July 17 peak in the red wave three.

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

Zooming out in the weekly chart, I believe AOA is currently in the red wave three (blue sub-wave iii). The red wave three began on June 28.

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

Funnymentals

Aurora is a decentralized application platform based on third-generation blockchain technology dedicated to providing mature blockchain technology solutions for the entire industry. You can read their latest update here.

(Sources: https://www.aurorachain.io/)

How Will Aurora Trade?

Aurora (Bithumb: AOAKRW) daily chart by Tradingview.

(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 and comment below.

AOA will takeout the July 13 peak

AOA will drop below the June 28 low

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

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AOA will takeout the July 13 peak

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@oneacc/qg4wb6

AOA will drop below the June 28 low

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@zazamorton/qg33wg

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

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AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@yorra/qfxwrh

AOA will takeout the July 13 peak

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

AOA will takeout the July 13 peak

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

AOA will drop below the June 28 low

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

AOA will takeout the July 13 peak

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@sait/qg1fep

AOA will drop below the June 28 low

AOA will takeout the July 13 peak

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

Correct. Upvoted your comment:
https://hive.blog/hive-174578/@paffer/qfyad7

AOA will drop below the June 28 low

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AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

AOA will takeout the July 13 peak

AOA will takeout the July 13 peak

AOA will drop below the June 28 low

AOA will takeout the July 13 peak

AOA will drop below the June 28 low

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@asetat/qfxlxt

AOA will takeout the July 13 peak

AOA will drop below the June 28 low

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

AOA will drop below the June 28 low

AOA will takeout the July 13 peak

AOA will drop below the June 28 low

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@pipp/qfzq2z

AOA will takeout the July 13 peak

AOA will takeout the July 13 peak

AOA will drop below the June 28 low

AOA will takeout the July 13 peak

AOA will takeout the July 13 peak

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7

Thank you

You are welcome.

AOA will takeout the July 13 peak

AOA will stay in a trading range between the June 28 low and the July 13 peak until September 7