Crypto Contest May 8: Bitcoin Rhodium

in blockchain •  5 years ago 

Bitcoin Rhodium (HitBTC: XRCBTC) 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, XRC began a wave one advance on March 24. The blue wave one finished on March 28, and the blue wave two correction ended on April 11. The blue wave three advance finished on April 26, and the blue wave four correction ended on May 2. If this wave count is correct, XRC should be heading next towards the April 26 peak in the blue wave five.

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

Zooming out in the daily chart, I believe XRC is currently in the red wave three (blue sub-wave v). The red wave three began on March 24.

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

Funnymentals

Bitcoin Rhodium’s goal is to be a premier store-of-value coin. Crypto Vin reviewed the coin in February this year.

(Sources: https://www.bitcoinrh.org/)

How Will Bitcoin Rhodium Trade?

Bitcoin Rhodium (HitBTC: XRCBTC) 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.

XRC will takeout the April 26 peak

XRC will drop below the April 11 low

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

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XRC will takeout the April 26 peak

XRC will takeout the April 26 peak

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

Correct. Upvoted your comment:
https://steemit.com/blockchain/@colon2018/qbrgzq

XRC will takeout the April 26 peak

XRC will drop below the April 11 low

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

XRC will takeout the April 26 peak

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

Correct. Upvoted your comment:
https://steemit.com/blockchain/@bigdonald/qbnpr9

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

XRC will drop below the April 11 low

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

Correct. Upvoted your comment:
https://steemit.com/blockchain/@blackyear/qbno0l

XRC will takeout the April 26 peak

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

Correct. Upvoted your comment:
https://steemit.com/blockchain/@jmehta/qbpc15

As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!

XRC will drop below the April 11 low

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

Correct. Upvoted your comment:
https://steemit.com/blockchain/@reklam/qbnkxv

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

!invest_vote

$rewarding 100

The reward of this comment goes 100 % to the author freiheit50. This is done by setting the beneficiaries of this comment to 100 %.

XRC will takeout the April 26 peak

XRC will drop below the April 11 low

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

Correct. Upvoted your comment:
https://steemit.com/blockchain/@stnr/qbmsxx

XRC will drop below the April 11 low

@freiheit50 denkt du hast ein Vote durch @investinthefutur verdient!
@freiheit50 thinks you have earned a vote of @investinthefutur !

XRC se mantendrá en un rango de negociación entre el mínimo del 11 de abril y el máximo del 26 de abril hasta el 12 de junio

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

!shop
$trdo
!BEER
for you

!shop
$trdo

  ·  4 years ago 

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XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

XRC will takeout the April 26 peak

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

Correct. Upvoted your comment:
https://steemit.com/blockchain/@coruna/qbpsro

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

XRC will takeout the April 26 peak

XRC will takeout the April 26 peak

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

Correct. Upvoted your comment:
https://steemit.com/blockchain/@hn13/qbpra9

XRC will drop below the April 11 low

XRC will stay in a trading range between the April 11 low and the April 26 peak until June 12

Correct. Upvoted your comment:
https://steemit.com/blockchain/@gretna/qbmv90

XRC will takeout the April 26 peak