Synereo has broken out of the wedge pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Synereo began a wave one advance on March 2. The wave one (sub-waves i-v) finished on June 30, and the wave two (sub-waves a-b-c) correction ended on July 7. If this wave count is correct, Synereo should be heading next towards the June 30 peak in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Synereo will takeout the June 30 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Synereo will drop below the March 2 low".
If you think Synereo is in a range, upvote this post and upvote the comment "Synereo will stay in a trading range between the March 2 low and the June 30 peak until August 9".
You can upvote the comment until 3 PM EST July 10 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.
Synereo will stay in a trading range between the March 2 low and the June 30 peak until August 9 (18 voters as of 3 PM EST July 10: bleujay, twinner, yefet, steem-buzz, me-tarzan, komischername, allmonitors, themovieplace, starline, flemingfarm, pinagpala, psilacetin, jznsamuel, andy23, lakov, javierlandaeta, me-do, cloudminer).
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You won.
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Synereo will takeout the June 30 peak (14 voters as of 3 PM EST July 10: simonjay, soundmoney, daniel.dalo, dirty.hera, lindo, poppy.poppers, eirik, kooshikoo, ragnaros, mprgrmmr, carlosdaniel, rhino, miniature-tiger, jeffone).
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I think amp will takeout june 30 peak.. i even made prediction about it going up
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Synereo will drop below the March 2 low (8 voters as of 3 PM EST July 10: ace108, cassidyandfranks, mirda, tzap90, coolthings, utfull, sevinwilson, lig007).
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it broke above, that is false mover, expect a drop now :)
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Your posts are awesome, I think I´m learning something about Elliot´s waves thanks to you brother.
You should do similar contests for the upcoming football tornaments and leagues coming up ;)
Peace, Carlos
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Thank you Carlos. I am sure steemsports is following the tournaments.
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Third wave a comin!! A big one.
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That's how I see it. Thanks for resteeming.
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