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Crypto Contest November 9: Refereum

maarnio

Published: 09 Nov 2020 › Updated: 09 Nov 2020Crypto Contest November 9: Refereum

Crypto Contest November 9: Refereum

Refereum (CoinMarketCap: RFRUSD) has broken out of the triangle pattern in the line chart.

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

Elliott Wave Analysis

In Elliott Wave terms, RFR began a red wave one advance on October 8. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 9 and the red wave two (blue sub-waves a-b-c) correction ended on October 23. If this wave count is correct, RFR should be heading next towards the October 9 peak in the red wave three.

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

Funnymentals

Refereum is rewarding gamers for engaging with their favorite games and streamers. You can read their latest update here.

(Sources: https://blog.refereum.com/)

How Will Refereum Trade?

Refereum (CoinMarketCap: RFRUSD) line chart by CoinMarketCap.

(Chart courtesy of CoinMarketCap.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.

RFR will takeout the October 9 peak

RFR will drop below the October 8 low

RFR will stay in a trading range between the October 8 low and the October 9 peak until December 16

Leave Crypto Contest November 9: Refereum to:

Written by

I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

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