Crypto Contest August 1: LBRY Credits

in lbc •  7 years ago 

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

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, LBRY Credits began a wave one advance on January 4. The wave one finished on January 15, and the wave two correction ended on March 4. The wave three advance finished on June 21, and the wave four correction ended on July 11. If this wave count is correct, LBRY Credits should be heading next towards the June 21 peak in the wave five.

(Chart courtesy of Tradingview.com)

If you think this analysis is correct, upvote this post and upvote the comment "LBRY Credits will takeout the June 21 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "LBRY Credits will drop below the March 4 low".

If you think LBRY Credits is in a range, upvote this post and upvote the comment "LBRY Credits will stay in a trading range between the March 4 low and the June 21 peak until September 1".

You can upvote the comment until 3 PM EST August 2 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)

LBRY Credits will stay in a trading range between the March 4 low and the June 21 peak until September 1 (24 voters as of 3 PM EST August 2: bleujay, freiheit50, twinner, landofcrypto, yefet, ace108, soundmoney, me-tarzan, incrediblesnow, steemit.nemesis, starline, rhino, lucasgabd, komischername, osmanbugra, coolthings, jznsamuel, miniature-tiger, ragnaros, c-c-c, andy23, toofasteddie, mela, freskil).

You won.

  ·  7 years ago (edited)

LBRY Credits will takeout the June 21 peak (30 voters as of 3 PM EST August 2: bonvivan, steem-buzz, simonjay, gregory-f, tamersilver, lydon.sipe, kooshikoo, catena, ahinga, ikilledcobain (did not vote main post), damla, flemingfarm, mirda, architrader, tzap90, anetchen, allmonitors, psilacetin, steemychess, sanjay91422, eirik, mprgrmmr, digitalking, carlosdaniel, skririm, wallsnow, spyfromthecold, sarmiroslav, d-matteo, me-do).

  ·  7 years ago (edited)

LBRY Credits will drop below the March 4 low (5 voters as of 3 PM EST August 2: misalen, cassidyandfranks, libert, lig007, vermute).

LBRY is an awesome project. I have noticed lately whenever altcoins go up, LBRY goes up as one of the first and fastest

Yep. It has been a good one since the beginning of the year.

well i am not a person of 35 R but sure i could use a hand

There you go. Already 31 R.

LBRY Credits will takeout the June 22 peak.

Please remember to upvote the post and the right comment.