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Crypto Contest July 10: BitCrystals

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Published: 10 Jul 2017 › Updated: 10 Jul 2017Crypto Contest July 10: BitCrystals

Crypto Contest July 10: BitCrystals

BitCrystals has broken out of the wedge pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, BitCrystals began a wave one advance on June 1. The wave one (sub-waves i-v) finished on June 22, and the wave two (sub-waves a-b-c) ended on July 8. If this wave count is correct, BitCrystals should be heading next towards the June 22 peak in the wave three.

(Chart courtesy of Tradingview.com)

If you think this analysis is correct, upvote this post and upvote the comment "BitCrystals will takeout the June 22 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "BitCrystals will drop below the June 1 low".

If you think BitCrystals is in a range, upvote this post and upvote the comment "BitCrystals will stay in a trading range between the June 1 low and the June 22 peak until August 10".

You can upvote the comment until 3 PM EST July 11 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.

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

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