Uranus (Bittrex: URACUSD) 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, URAC began a wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 16, and the red wave two (blue sub-waves a-b-c) correction ended on April 3. If this wave count is correct, URAC should be heading next towards the March 16 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The Uranus system is a decentralized-computing, power-sharing platform based on blockchain technology and cloud native/microservice. You can read their latest weekly report here.
(Sources: https://www.uranus.io/)
How Will Uranus Trade?
Uranus (Bittrex: URACUSD) four-hour 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.
URAC will takeout the March 16 peak
URAC will drop below the March 13 low
URAC will stay in a trading range between the March 13 low and the March 16 peak until May 11
Posted via Steemleo
