Crypto Contest September 19: Particl

in #particl7 years ago

Particl (PARTBTC) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, Particl began a wave one advance on August 22. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 1, and the red wave two (blue sub-waves a-b-c) correction ended on September 14. If this wave count is correct, Particl should be heading next towards the September 1 peak in the red wave three.

(Chart courtesy of Tradingview.com)

Looking at the daily chart, I believe Particl is currently in the red wave three (blue sub-wave iii).

(Chart courtesy of Tradingview.com)

If you think this analysis is correct, upvote this post and upvote the comment "Particl will takeout the September 1 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "Particl will drop below the August 22 low".

If you think Particl is in a range, upvote this post and upvote the comment "Particl will stay in a trading range between the August 22 low and the September 1 peak until October 20".

You can upvote the comment until 3 PM EST September 20 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).

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Particl will takeout the September 1 peak (19 voters as of 3 PM EST September 20: bleujay, bentleycapital, fitinfun, jimmco, lydon.sipe, simonjay, catena, eirik, miniature-tiger, yefet, themovieplace, anetchen, digitalking, andy23, kitcat, sweethoney, adrianacess, abay, me-do).

Particl will stay in a trading range between the August 22 low and the September 1 peak until October 20 (22 voters as of 3 PM EST September 20: twinner, soundmoney, me-tarzan, lucasgabd, flemingfarm, dirty.hera, skririm, steemit.nemesis, starline, komischername, jznsamuel, mirda, coolthings, ahinga, cassidyandfranks, abh12345, ragnaros, allmonitors, mprgrmmr, todayhistory, crokkon, elalderson).

Hmm, another coin for me to learn about. Thanks! ...back to my bearish ways though.... :)

Particl will drop below the August 22 low (8 voters as of 3 PM EST September 20: ace108, gregory-f, tzap90, gunsmithing, napkin, jkatz, randomthings, barcalogia).

Thank you for posting @maarnio.

Appreciate all the winnings....very kind of you to run these contests....with your expertise in view.

Appreciate the kind remembrance vote......learned something new.

Wishing you and yours all the best. Cheers.

Thank you bleujay.

Thank you for participating.

Best of luck!

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