Crypto Contest July 8: ReddCoin
ReddCoin (Bittrex: RDDUSD) 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, RDD began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 11, and the red wave two (blue sub-waves a-b-c) correction ended on June 27. If this wave count is correct, RDD should be heading next towards the May 11 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the monthly chart, I believe RDD is currently in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Reddcoin is a decentralized cryptocurrency used to tip or send payments for social content. Coin Bureau reviewed the coin last year.
(Sources: https://www.reddcoin.com/)How Will Reddcoin Trade?
ReddCoin (Bittrex: RDDUSD) 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.
RDD will takeout the May 11 peak
RDD will drop below the April 16 low
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Posted Using LeoFinance
RDD will takeout the May 11 peak
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your post:
https://hive.blog/covid/@novelcoronavirus/i-don-t-think-my-company-is-taking-covid19-seriously-enough
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
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View or trade
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.Hey @maarnio, here is a little bit of
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from @eii for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
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.View or trade
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.Hey @maarnio, here is a little bit of
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from @eii for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
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.RDD will takeout the May 11 peak
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/leofinance/@no-advice/re-taskmaster4450-2020815t185429619z
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@kunschj/re-maarnio-2020819t61224228z
RDD will takeout the May 11 peak
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/video/@gregory-f/qfdbws
RDD will takeout the May 11 peak
RDD will drop below the April 16 low
RDD will takeout the May 11 peak
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@frit/qf5jf7
RDD will drop below the April 16 low
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@limit1984/qf4b5x
RDD will drop below the April 16 low
RDD will takeout the May 11 peak
RDD will drop below the April 16 low
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@koskl/re-maarnio-qf2y7c
RDD will takeout the May 11 peak
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@dangerousattack/qf4ceu
RDD will drop below the April 16 low
RDD will takeout the May 11 peak
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@muscarno/qf5iea
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@asetat/qf5j3a
RDD will drop below the April 16 low
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@mshares/qf5jlx
RDD will drop below the April 16 low
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@oneacc/qf7ygf
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@voice71/qfcwo9
RDD will drop below the April 16 low
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your post:
https://hive.blog/bnwphotography/@fredkese/black-and-white-photography-249
Thank you
You are welcome.
RDD will takeout the May 11 peak
RDD will stay in a trading range between the April 16 low and the May 11 peak until August 13
Correct. Upvoted your comment:
https://hive.blog/hive-174578/@batto/qf67pd
RDD will takeout the May 11 peak