SafeExchangeCoin (SAFEUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, SafeExchangeCoin began a wave one advance on January 5. The red wave one finished on February 2, and the red wave two correction ended on February 11. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on August 12, and the red wave four (blue sub-waves a-b-c) correction ended on September 15. If this wave count is correct, SafeExchangeCoin should be heading next towards the August 12 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
One can see the Elliott Waves even better in the line chart below.
(Chart courtesy of Tradingview.com (log scale))
If you think this analysis is correct, upvote this post and upvote the comment "SafeExchangeCoin will takeout the August 12 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "SafeExchangeCoin will drop below the September 15 low".
If you think SafeExchangeCoin is in a range, upvote this post and upvote the comment "SafeExchangeCoin will stay in a trading range between the September 15 low and the August 12 peak until November 6".
You can upvote the comment until 3 PM EST October 7 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).
SafeExchangeCoin will stay in a trading range between the September 15 low and the August 12 peak until November 6 (22 voters as of 3 PM EST October 7: bentleycapital, twinner, fitinfun, simonjay, flemingfarm, me-tarzan, catena, misalen, starline, abh12345, komischername, anetchen, mirda, mprgrmmr, coolthings, heroic15397, toofasteddie, ahinga, carlosdaniel, ragnaros, andy23, richard78624).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
SafeExchangeCoin will takeout the August 12 peak (11 voters as of 3 PM EST October 7: architrader, spinbunny, lydon.sipe, eirik, jznsamuel, digitalking, cassidyandfranks, sevinwilson, abay, mnrdev, me-do).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for sharing the nice chart! It looks like that it will touch Aug 12 peak shortly.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you mnrdev.
Please upvote the main post as well to participate in the contest.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just I up voted the main post as well. Thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you mnrdev.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
SafeExchangeCoin will drop below the September 15 low (7 voters as of 3 PM EST October 7: gregory-f, crokkon, razorwave8, gunsmithing, amfid4846, freskil, yefet).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You won.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Woohoo! Thank you very much @maarnio, these contests are great, even the ones I don't win ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks gregory.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
👍👍👍👍👍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@cmtzco has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a 3.64% upvote from @randowhale thanks to @maarnio! To learn more, check out @randowhale 101 - Everything You Need to Know!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
img credz: pixabay.com
Nice, you got a 5.2% @minnowbooster upgoat, thanks to @maarnio
Want a boost? Minnowbooster's got your back!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The @OriginalWorks bot has determined this post by @maarnio to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!
For more information, Click Here! || Click here to participate in the @OriginalWorks sponsored writing contest(125 SBD in prizes)!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit