Realio Network (OKX: RIOUSDT) 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, RIO began a red wave one advance on May 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 15 and the red wave two (blue sub-waves a-b-c) correction ended on October 12. If this wave count is correct, RIO should be heading next towards the August 15 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Realio Network is eliminating barriers to invest-in, trade, & leverage digital RE, PE & other real-world assets through DeFi. Crypto Empire reviewed the project one week ago.
(Sources: https://www.realio.fund/)
How Will Realio Network Trade?
Realio Network (OKX: RIOUSDT) 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
RIO will takeout the August 15 peak
RIO will drop below the May 17 low
RIO will stay in a trading range between the May 17 low and the August 15 peak until November 28
RIO will stay in a trading range between the May 17 low and the August 15 peak until November 28
RIO will stay in a trading range between the May 17 low and the August 15 peak until November 28
RIO will drop below the May 17 low