Crypto Contest August 26: Tellor

in #blockchain5 years ago

Tellor (Huobi: TRBETH) 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, I believe TRB is currently in the red wave three (blue sub-waves v). If this wave count is correct, TRB should take out the August 15 (blue sub-wave iii) peak.

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

Funnymentals

Tellor is a decentralized oracle for DeFi. You can watch their latest core chat below.

(Sources: https://tellor.io/)

How Will Tellor Trade?

Tellor (Huobi: TRBETH) 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.

TRB will takeout the August 15 peak

TRB will drop below the August 15 low

TRB will stay in a trading range between the August 15 low and the August 15 peak until October 1

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TRB will drop below the August 15 low

TRB will stay in a trading range between the August 15 low and the August 15 peak until October 1

TRB will drop below the August 15 low

TRB will drop below the August 15 low

TRB will drop below the August 15 low

TRB will takeout the August 15 peak

TRB will takeout the August 15 peak

TRB will takeout the August 15 peak

TRB will takeout the August 15 peak

TRB will stay in a trading range between the August 15 low and the August 15 peak until October 1