Crypto Contest November 6: Qredo

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Qredo (Gemini: QRDOUSD) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, QRDO began a red wave one advance on October 14. The red wave one peaked on October 15 and the red wave two correction ended on October 19. The red wave three finished on October 26 and the red wave four correction ended on November 1. If this wave count is correct, QRDO should be heading next towards the October 26 peak in the red wave five.

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

Funnymentals

With Qredo you can take custody of your digital assets, with no local or central private key storage as shown in the video below.

(Sources: https://www.qredo.com/)

How Will Qredo Trade?

Qredo (Gemini: QRDOUSD) daily 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

QRDO will takeout the October 26 peak

QRDO will drop below the October 14 low

QRDO will stay in a trading range between the October 14 low and the October 26 peak until December 13

Posted Using InLeo Alpha

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48 comments
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QRDO will stay in a trading range between the October 14 low and the October 26 peak until December 13

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QRDO will takeout the October 26 peak

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QRDO will takeout the October 26 peak

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QRDO will stay in a trading range between the October 14 low and the October 26 peak until December 13

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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QRDO will drop below the October 14 low

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QRDO will takeout the October 26 peak

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QRDO will takeout the October 26 peak

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