Crypto Contest September 11: ROAD

[maarnio]

ROAD (OKEx: ROADUSDT) 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, ROAD began a red wave one advance on July 8. The red wave one finished on July 20, and the red wave two correction ended on July 26. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on August 24, and the red wave four (blue sub-waves a-b-c) correction ended on September 4. If this wave count is correct, ROAD should be heading next towards the August 24 peak in the red wave five.

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

Funnymentals

ROAD is a distributed internet of vehicles economic system based on auto-ledger, which is an interaction and accounting system for the full life cycle of the automobile. You can read their latest monthly report here.

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

How Will ROAD Trade?

ROAD (OKEx: ROADUSDT) 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.

ROAD will takeout the August 24 peak

ROAD will drop below the August 6 low

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

Posted Using LeoFinance

Comments

[novelcoronavirus]

ROAD will takeout the August 24 peak

Posted Using LeoFinance

[koskl]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[kunschj]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[yova]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[tanqu]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@tanqu/qi37tk

[voice71]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@voice71/qi3cbm

[crokkon]

.

[frit]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[asetat]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@asetat/qi10br

[poshbot]

[rosauradels]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[jhonnygo]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-114105/@jhonnygo/re-jaynie-20201013t142922230z

[toofasteddie]

ROAD will takeout the August 24 peak

[necho41]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[bitandi]

ROAD will takeout the August 24 peak

[jorgebgt]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@jorgebgt/re-maarnio-20201010t64752500z

[gregory-f]

ROAD will takeout the August 24 peak

[bntcamelo]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@bntcamelo/re-maarnio-20201011t231751516z

[kohr]

ROAD will takeout the August 24 peak

[mhsm]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[sait]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@sait/qhzjet

[eii]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

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[maarnio]

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Posted Using LeoFinance

[beerlover]

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[beerlover]

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[rebe.torres12]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@rebe.torres12/re-maarnio-20201011t231655914z

[seemoon]

ROAD will takeout the August 24 peak

[limit1984]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[dangerousattack]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@dangerousattack/qi5872

[lydon.sipe]

ROAD will takeout the August 24 peak

[siomara-2018]

ROAD eliminará el pico del 24 de agosto

[verhollo]

ROAD will takeout the August 24 peak

[muscarno]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[zazamorton]

ROAD will takeout the August 24 peak

[mshares]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@mshares/qi12bd

[jznsamuel]

ROAD will drop below the August 6 low

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-106444/@jznsamuel/re-kawsar8035-20201010t19556401z

[nezyar]

ROAD will takeout the August 24 peak

[oneacc]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[monnet]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17

[pipp]

ROAD will takeout the August 24 peak

[fredkese]

ROAD will stay in a trading range between the August 6 low and the August 24 peak until October 17