Crypto Contest May 30: PascalCoin

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

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, PascalCoin began a wave one advance on April 10. The wave one finished on May 8, and the wave two correction ended on May 27. If this wave count is correct, PascalCoin should be heading next towards the May 8 peak in the wave three.

(Chart courtesy of Tradingview.com)

Zooming out in the four-hour chart, I believe PascalCoin is currently in the wave three (sub-wave iii).

(Chart courtesy of Tradingview.com)

If you think this analysis is correct, upvote this post and upvote the comment "PascalCoin will takeout the May 8 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "PascalCoin will drop below the April 10 low".

If you think PascalCoin is in a range, upvote this post and upvote the comment "PascalCoin will stay in a trading range between the April 10 low and the May 8 peak until June 25".

You can upvote the comment until 3 PM EST May 31 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.