Crypto Contest November 3: Augur

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·@maarnio·
0.000 HBD
Crypto Contest November 3: Augur
#### Crypto Contest November 3: Augur
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Augur (Bittrex: REPUSD) has broken out of the triangle pattern in the daily chart.
[![nimet-n.png](https://i.postimg.cc/SRTxTPBz/nimet-n.png)](https://postimg.cc/JHX8tp41)
(Chart courtesy of Tradingview.com (log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, REP began a wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in April this year, and the red wave two (blue sub-waves a-b-c) correction ended in October. If this wave count is correct, REP should be heading next towards the May peak in the red wave three.
[![nimet-n2.png](https://i.postimg.cc/BbHX6pk8/nimet-n2.png)](https://postimg.cc/sGfVHYVy)
(Chart courtesy of Tradingview.com (log scale))

Zooming out in the weekly chart, I believe REP is currently in the red wave three. The red wave three began in December 2018.
[![nimet-n3.png](https://i.postimg.cc/1RqMxNM2/nimet-n3.png)](https://postimg.cc/grG38jCH)
(Chart courtesy of Tradingview.com (log scale))

**Funnymentals**

Augur is a decentralized oracle and peer to peer protocol for prediction markets. You can read their latest weekly report [here](https://augur.substack.com/p/augur-weekly-warrens-presidential).
[![nimet-n5.png](https://i.postimg.cc/mZnD9PsL/nimet-n5.png)](https://postimg.cc/yWFs4Yxt)
(Sources: https://www.augur.net/)



**How Will Augur Trade?**


Augur (Bittrex: REPUSD) daily chart by Tradingview.
[![nimet-n4.png](https://i.postimg.cc/Zqyk15Qc/nimet-n4.png)](https://postimg.cc/2qmXWrrb)
(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.
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 - REP will takeout the September peak
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 - REP will drop below the October low
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 - REP will stay in a trading range between the October low and the September peak until December 9
***
*Answer the question at [dpoll.xyz](https://dpoll.xyz/detail/@maarnio/crypto-contest-november-3-augur/).*
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