Civic (CVCETH) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Civic began a wave one advance on August 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 13, and the red wave two (blue sub-waves a-b-c) correction ended on September 4. If this wave count is correct, Civic should be heading next towards the August 13 peak in the red wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Civic will takeout the August 13 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Civic will drop below the August 9 low".
If you think Civic is in a range, upvote this post and upvote the comment "Civic will stay in a trading range between the August 9 low and the August 13 peak until October 11".
You can upvote the comment until 3 PM EST September 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).
Civic will stay in a trading range between the August 9 low and the August 13 peak until October 11 (28 voters as of 3 PM EST September 11: bleujay, simonjay, twinner, gregory-f, me-tarzan, osmanbugra, flemingfarm, skririm, ahinga, themovieplace, tzap90, starline, yefet, komischername, cassidyandfranks, damla, mirda, abh12345, coolthings, lig007, ragnaros, c-c-c, allmonitors, mprgrmmr, andy23, josepimpo, abay, freskil).
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You won.
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Civic will drop below the August 9 low (5 voters as of 3 PM EST September 11: landofcrypto, dlina-v-metrah, gunsmithing, igsamuel, barcalogia).
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Civic will takeout the August 13 peak (14 voters as of 3 PM EST September 11: soundmoney, lucasgabd, catena, lydon.sipe, reconnectnature, eirik, jznsamuel, miniature-tiger, digitalking, psywalker, sweethoney, arpepa, sevinwilson, me-do).
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After @poloniex add i think this may be possible
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Yep, during the weekend market has been mainly red but not totally. Some coins are fighting against the tide. Civic and WaltonChain for example, meanwhile China-based LoMoCoin has given me a biggest positive surprise price-wise. Though LMC 2.0 will be out in the end of September...
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Thanks for the info.
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YW! Check this out if haven't found it yet:
https://docs.google.com/forms/d/1iIU-48bpBhSnLi8Sr0SDo_JieGsgAbiaxuyFH5d7IjM/viewform?edit_requested=true
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Reaching all time high https://steemit.com/blockchain/@josepimpo/civic-on-poloniex-usdcvc-50-in-the-last-hour
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