Crypto Contest September 17: BlockNet

in #blocknet7 years ago

BlockNet (BLOCKUSD) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, BlockNet began a wave one advance on January 26. The wave one finished on June 6, and the wave two correction ended on July 16. The wave three advance finished on September 1, and the wave four correction ended on September 15. If this wave count is correct, BlockNet should be heading next towards the September 1 peak in the wave five.

(Chart courtesy of Tradingview.com)

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

If you think this analysis is wrong, upvote this post and upvote the comment "BlockNet will drop below the July 16 low".

If you think BlockNet is in a range, upvote this post and upvote the comment "BlockNet will stay in a trading range between the July 16 low and the September 1 peak until October 18".

You can upvote the comment until 3 PM EST September 18 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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BlockNet will stay in a trading range between the July 16 low and the September 1 peak until October 18 (28 voters as of 3 PM EST September 18: silent.screamer, twinner, soundmoney, simonjay, lucasgabd, me-tarzan, flemingfarm, allyouneedtoknow, cryptotem, themovieplace, starline, tzap90, komischername, mirda, coolthings, ahinga, cassidyandfranks, carlosdaniel, napkin, allmonitors, ragnaros, andy23, mprgrmmr, kitcat, abay, barcalogia, shaunf, me-do).

BlockNet will drop below the July 16 low (5 voters as of 3 PM EST September 18: freiheit50, ace108, dirty.hera, anetchen, gunsmithing).

Blocknet will drop below the July 16

BlockNet will takeout the September 1 peak (8 voters as of 3 PM EST September 18: otisbrown, lydon.sipe, gregory-f, catena, jznsamuel, eirik, libert, digitalking).

Always wanted to invest on blocknet but for some reason still didn't.

Still some time left before the wave five ends.

maybe we have a good ABC correction? hahahahahah
no BTC left atm.

As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!

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