Crypto Contest November 2: Radium

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maarnio(75)

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#radium

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2018-11-02 11:50

Radium (RADSUSD) has broken out of the wedge pattern in the weekly chart.
nimetön.png

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

Elliott Wave Analysis

In Elliott Wave terms, Radium began a wave one advance in February 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January this year, and the red wave two (blue sub-waves a-b-c) correction ended in September. If this wave count is correct, Radium should be heading next towards the January peak in the red wave three.
nimetön2.png

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

Funnymentals

Radium is a decentralized cryptocurrency offering a system for record verification and blockchain-based identities.
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(Sources: https://radiumcore.org/ and bitcointalk)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Radium will takeout the July peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Radium will drop below the September low".

If you think Radium is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Radium will stay in a trading range between the September low and the July peak until December 7".
nimetön3.png

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

You can upvote the comment until 3 PM EST November 5 and you can upvote only one comment. 50% of liquid STEEM + SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).

Bonus 1

I will be sending one Trophy Token (@trophy-token) to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.