Crypto Contest March 27: Roco Finance

in #fbcrypto2 years ago

Roco Finance (Gate.io: ROCOUSDT) 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, ROCO began a red wave one advance on March 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 20 and the red wave two (blue sub-waves a-b-c) correction ended on March 23. If this wave count is correct, ROCO should be heading next towards the March 20 peak in the red wave three.

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

Funnymentals

Roco token is a crypto asset which offers an ecosystem of integrated blockchain software products for games. Crypto Grizzly reviewed the project six days ago.

(Sources: https://roco.finance/)

How Will Roco Finance Trade?

Roco Finance (Gate.io: ROCOUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

ROCO will takeout the March 20 peak

ROCO will drop below the March 15 low

ROCO will stay in a trading range between the March 15 low and the March 20 peak until May 4

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ROCO will stay in a trading range between the March 15 low and the March 20 peak until May 4

ROCO will takeout the March 20 peak

ROCO will drop below the March 15 low

ROCO will stay in a trading range between the March 15 low and the March 20 peak until May 4

ROCO will drop below the March 15 low

ROCO will stay in a trading range between the March 15 low and the March 20 peak until May 4

ROCO will stay in a trading range between the March 15 low and the March 20 peak until May 4

ROCO will stay in a trading range between the March 15 low and the March 20 peak until May 4

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