EnergyCoin (ENRGBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
In Elliott Wave terms, EnergyCoin began a wave one advance in September 2016. The red wave one finished in December 2016, and the red wave two correction ended on March 16 this year. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on June 24, and the red wave four (blue sub-waves a-b-c) correction ended on October 10. If this wave count is correct, EnergyCoin should be heading next towards the June 24 peak in the wave five.
(Chart courtesy of Tradingview.com (log scale))
Looking at the weekly chart, I believe EnergyCoin is currently in the red wave three (blue sub-wave v).
(Chart courtesy of Tradingview.com (log scale))
If you think this analysis is correct, upvote this post and upvote the comment "EnergyCoin will takeout the June 24 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "EnergyCoin will drop below the March 16 low".
If you think EnergyCoin is in a range, upvote this post and upvote the comment "EnergyCoin will stay in a trading range between the March 16 low and the June 24 peak until November 12".
You can upvote the comment until 3 PM EST October 13 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).
EnergyCoin will stay in a trading range between the March 16 low and the June 24 peak until November 12 (31 voters as of 3 PM EST October 13: bleujay, soundmoney, gregory-f, yefet, lucasgabd, flemingfarm, me-tarzan, damla, sanjay91422, catena, themovieplace, eirik, reconnectnature, starline, komischername, osmanbugra, toofasteddie, coolthings, mprgrmmr, crokkon, heroic15397, ahinga, ragnaros, carlosdaniel, allmonitors, andy23, abh12345, richard78624, kryptofan, mihail.tsvetkov, me-do).
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You won.
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EnergyCoin will takeout the June 24 peak (14 voters as of 3 PM EST October 13: otisbrown, bentleycapital, fitinfun, lydon.sipe, spinbunny, miniature-tiger, skririm, jznsamuel, anetchen, cassidyandfranks, digitalking, amfid4846, wallsnow, trendingtube).
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EnergyCoin will drop below the March 16 low (4 voters as of 3 PM EST October 13: mirda, yinyangboobookat, gunsmithing, sevinwilson).
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Another coin I've heard of but never dug into. ....Where will I ever find the Energy to look into it. (yes, that's an eye roller)
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https://energycoin.eu/
You can find the basics in about one minute.
"It is a crypto currency like Bitcoin being cloned in 2014 of the PeerCoin the first Proof-of-stake currency.
The currency is meant to provide a platform for communities, companies and individuals to built energy applications using the inherent strengths of crypto currencies and blockchains. The purpose of the coin is to facilitate the so-called Energy Transition and the move away from fossil fuels towards local generation and renewables."
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@cmtzco has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.
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1st one is the best one!!
its too good!!
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Thank you sizuka.
Feel free to participate in the contest.
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This post received a 4.15% upvote from @randowhale thanks to @maarnio! To learn more, check out @randowhale 101 - Everything You Need to Know!
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img credz: pixabay.com
Steem is behaving weird in low voting percentages, so actual votes can diverge by up to 1 voting percent point.
Nice, you got a 2.0% @minnowbooster upgoat, thanks to @maarnio
Want a boost? Minnowbooster's got your back!
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The @OriginalWorks bot has determined this post by @maarnio to be original material and upvoted it!
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