Crypto Contest September 10: Civic

Civic (CVCETH) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, Civic began a wave one advance on August 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 13, and the red wave two (blue sub-waves a-b-c) correction ended on September 4. If this wave count is correct, Civic should be heading next towards the August 13 peak in the red wave three.

(Chart courtesy of Tradingview.com)

If you think this analysis is correct, upvote this post and upvote the comment "Civic will takeout the August 13 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "Civic will drop below the August 9 low".

If you think Civic is in a range, upvote this post and upvote the comment "Civic will stay in a trading range between the August 9 low and the August 13 peak until October 11".

You can upvote the comment until 3 PM EST September 11 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).