Crypto Contest August 29: Basic Attention Token

Basic Attention Token (BAT) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, Basic Attention Token began a wave one advance on July 31. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 10, and the red wave two (blue sub-waves a-b-c) ended on August 14. If this wave count is correct, Basic Attention Token should be heading next towards the August 10 peak 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 "Basic Attention Token will takeout the August 10 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "Basic Attention Token will drop below the July 31 low".

If you think Basic Attention Token is in a range, upvote this post and upvote the comment "Basic Attention Token will stay in a trading range between the July 31 low and the August 10 peak until September 29".

You can upvote the comment until 3 PM EST August 30 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.