Crypto Contest July 29: BitcoinDark

in bitcoindark •  7 years ago 

BitcoinDark has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, BitcoinDark began a wave one advance on April 27. The wave one (sub-waves i-v) finished on June 26, and the wave two (sub-waves a-b-c) correction ended on July 11. If this wave count is correct, BitcoinDark should be heading next towards the June 26 peak in the wave three.

(Chart courtesy of Tradingview.com)

Zooming out in the daily chart, I believe BitcoinDark is currently in the wave three (sub-wave iii).

(Chart courtesy of Tradingview.com)

If you think this analysis is correct, upvote this post and upvote the comment "BitcoinDark will takeout the June 26 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "BitcoinDark will drop below the April 27 low".

If you think BitcoinDark is in a range, upvote this post and upvote the comment "BitcoinDark will stay in a trading range between the April 27 low and the June 26 peak until August 29".

You can upvote the comment until 3 PM EST July 30 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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  ·  7 years ago (edited)

BitcoinDark will stay in a trading range between the April 27 low and the June 26 peak until August 29 (23 voters as of 3 PM EST July 30: bleujay, freiheit50, twinner, gregory-f, tamersilver, me-tarzan, steemcollator, thatsweeneyguy, ahinga, steemit.nemesis, starline, flemingfarm, mirda, miniature-tiger, c-c-c, ragnaros, andy23, abh12345, ceenoevil, mela, rhino, d-matteo, me-do).

Bitcoin durk will stay in the range and wait for the fork on Monday

Yup. My vote :)

You won.

  ·  7 years ago (edited)

BitcoinDark will takeout the June 26 peak (16 voters as of 3 PM EST July 30: steem-buzz, simonjay, soundmoney, lydon.sipe, steemcollator, pgcrypto, paul.atreides, jznsamuel, eirik, coolthings, digitalking, mprgrmmr, carlosdaniel, kimterje83, stickycj, vermute).

  ·  7 years ago (edited)

BitcoinDark will drop below the April 27 low (11 voters as of 3 PM EST July 30: ace108, yefet, daniel.dalo, tzap90, osmanbugra, damla, anetchen, psywalker, xochicotta, lig007, freskil).

absolutely sure

Upvoted and Resteemed!

Thank you CeeNoEvil.

Upvoted & RESTEEMED!

Thank you behappy.

i am new to steemit community can you just check out my new post on steemit

'New Internet' - Blockstack A Decentralized Internet Patform

Welcome Nihal.

@maarnio thanks for your previous comment, I just figured something about Bitcoin Cash fork. I can not believe it is possible at first. But it looks flawless. Please take a look at it. If there is any problem I will delete the post.

https://steemit.com/bitcoin/@osmanbugra/how-to-get-extra-free-bitcoin-cash-100-safe

Replied to your post.

Very good post. Nice to see I'm not the only one who thinks like this. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets. Personally I always use: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Sorted by team, product, company, advisors, previous investors, etc. For example: https://www.coincheckup.com/coins/BitcoinDark#analysis To see the: BitcoinDark Research report.