Crypto Contest December 10: Boolberry
Boolberry has broken out of the wedge pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Boolberry has completed five waves from the June 13 low. The five wave advance finished on the September 13, and the three wave correction ended on the December 7. If this wave count is correct, Boolberry should be heading next towards the September 13 peak.
(Chart courtesy of Tradingview.com)
In the weekly chart, Boolberry is most likely in the wave three (sub-wave iii). The wave one started in December 2015, and ended in February 2016. The wave two correction finished on the June 13.
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Boolberry.
If you think this analysis is correct, upvote this post and upvote the comment "Boolberry will takeout the October 27 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Boolberry will drop below the December 7 low".
If you think Boolberry is in a range, upvote this post and upvote the comment "Boolberry will stay in a trading range between the December 7 low and the October 27 peak until January 5, 2017".
You can upvote the comment until 3 PM EST December 11 and you can upvote only one comment. 100% of Steem (0.026 STEEM) 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.
Boolberry will takeout the October 27 peak (11 voters as of 3 PM EST December 11: otisbrown, bleujay, majes, idnit, jdbry, digit, soundmoney, idnit1, mrfoot, mistere, idnit0).
Boolberry will drop below the December 7 low (5 voters as of 3 PM EST December 11: me-tarzan, yefet, twinner, landofcrypto, bigb).
You won.
Boolberry will stay in a trading range between the December 7 low and the October 27 peak until January 5, 2017 (3 voters as of 3 PM EST December 11: gregory-f, spinbunny, applecrisp).
This post has been ranked within the top 80 most undervalued posts in the second half of Dec 10. We estimate that this post is undervalued by $9.01 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Dec 10 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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Boolberry will stay in a trading range between the December 7 low and the October 27 peak until January 5, 2017
If you think Boolberry is in a range, upvote this post and upvote the comment "Boolberry will stay in a trading range between the December 7 low and the October 27 peak until January 5, 2017".
I noticed that you upvoted this post, but did not upvote the right comment yet.
Thanks for the heads up!!