Crypto Contest September 21: Darwinia Network

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Darwinia Network (Poloniex: RINGUSDT) 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, RING began a red wave one advance on July 2. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 31, and the red wave two (blue sub-waves a-b-c) correction ended on September 19. If this wave count is correct, RING should be heading next towards the August 31 peak in the red wave three.

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

Funnymentals

Darwinia Network is an open cross-chain bridge protocol based on Substrate. The Darwinia mainnet is planned to launch between September 25 and October 15.

(Sources: https://darwinia.network/)

How Will Darwinia Network Trade?

Darwinia Network (Poloniex: RINGUSDT) 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.

RING will takeout the August 31 peak

RING will drop below the August 2 low

RING will stay in a trading range between the August 2 low and the August 31 peak until October 27

Posted Using LeoFinance



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65 comments
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RING will stay in a trading range between the August 2 low and the August 31 peak until October 27

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$rewarding 70

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The reward of this comment goes 100 % to the author necho41. This is done by setting the beneficiaries of this comment to 100 %.

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RING will stay in a trading range between the August 2 low and the August 31 peak until October 27

!BEER
for you

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RING will takeout the August 31 peak

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RING will drop below the August 2 low

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RING will takeout the August 31 peak

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0.000
avatar

RING will stay in a trading range between the August 2 low and the August 31 peak until October 27

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0.000
avatar

$rewarding 70

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0.000
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The reward of this comment goes 100 % to the author novelcoronavirus. This is done by setting the beneficiaries of this comment to 100 %.

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RING will takeout the August 31 peak

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0.000
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RING will drop below the August 2 low

0
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0.000
avatar

RING will drop below the August 2 low

0
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0.000
avatar

RING will takeout the August 31 peak

0
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0.000
avatar

RING will drop below the August 2 low

0
0
0.000
avatar

RING will takeout the August 31 peak

0
0
0.000
avatar

RING will takeout the August 31 peak

0
0
0.000
avatar

RING will drop below the August 2 low

0
0
0.000
avatar

RING will drop below the August 2 low

0
0
0.000
avatar

RING will takeout the August 31 peak

0
0
0.000
avatar

RING will drop below the August 2 low

0
0
0.000
avatar

RING will stay in a trading range between the August 2 low and the August 31 peak until October 27

0
0
0.000
avatar

$rewarding 70

0
0
0.000
avatar

The reward of this comment goes 100 % to the author jhonnygo. This is done by setting the beneficiaries of this comment to 100 %.

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0.000