Crypto Contest September 18: Ark
Ark (ARKBTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Ark began a wave one advance on March 31. The red wave one finished on June 7, and the red wave two correction ended on July 28. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on September 14, and the wave four correction ended on September 15. If this wave count is correct, Ark should be heading next towards the September 14 peak in the red wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Ark will takeout the September 14 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Ark will drop below the July 28 low".
If you think Ark is in a range, upvote this post and upvote the comment "Ark will stay in a trading range between the July 28 low and the September 14 peak until October 19".
You can upvote the comment until 3 PM EST September 19 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).
Ark will takeout the September 14 peak (28 voters as of 3 PM EST September 19: bleujay, bentleycapital, fitinfun, lucasgabd, simonjay, catena, dirty.hera, lasper, skririm, eirik, yefet, starline, themovieplace, komischername, anetchen, cassidyandfranks, abh12345, angelgarz, ragnaros, allmonitors, digitalking, mprgrmmr, psywalker, m3rcos1ty, adrianacess, abay, freskil, me-do).
One of my favourite coins :)
I've been bearish lately with my voting for your contest but have a feeling about Ark going up for some reason.
We'll see!
Ark will stay in a trading range between the July 28 low and the September 14 peak until October 19 (14 voters as of 3 PM EST September 19: gregory-f, flemingfarm, tzap90, steemit.nemesis, jznsamuel, mirda, coolthings, ahinga, andy23, napkin, todayhistory, elalderson, randomthings, barcalogia).
You won.
Ark will drop below the July 28 low (5 voters as of 3 PM EST September 19: dlina-v-metrah, libert, gunsmithing, jkatz, sevinwilson).
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STOPhi, nice to read about you.
i am, sajedul ahmed, from bangladesh,am also new on steemit and welcome you to steemit.
i have followed you. so, can also follow me plz.and plz upvoted my post.
best of luck...
Nice to meet you Sajedul. Feel free to participate in the contest.