Crypto Contest July 14: Counterparty
Counterparty has broken out of the wedge pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Counterparty began a wave one advance on December 27, 2016. The wave one (sub-waves i-v) finished on June 19 this year, and the wave two (sub-waves a-b-c) correction ended on July 11. If this wave count is correct, Counterparty should be heading next towards the June 19 peak in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Counterparty will takeout the June 19 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Counterparty will drop below the December 27, 2016 low".
If you think Counterparty is in a range, upvote this post and upvote the comment "Counterparty will stay in a trading range between the December 27, 2016 low and the June 19 peak until August 14".
You can upvote the comment until 3 PM EST July 15 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.
Counterparty will stay in a trading range between the December 27, 2016 low and the June 19 peak until August 14 (16 voters as of 3 PM EST July 15: bleujay, me-tarzan, gregory-f, starline, cassidyandfranks, kooshikoo, damla, allyouneedtoknow, mirda, steemit.nemesis, coolthings, pinagpala, psilacetin, ragnaros, andy23, c-c-c).
You won.
Counterparty will takeout the June 19 peak (11 voters as of 3 PM EST July 15: simonjay, otisbrown, steem-buzz, soundmoney, timoshey, dirty.hera, eirik, jznsamuel, utfull, mprgrmmr, carlosdaniel).
Counterparty will drop below the December 27, 2016 low (8 voters as of 3 PM EST July 15: yefet, twinner, flemingfarm, psywalker, razorwave8, krishnan, shimelin, lig007).
good
Yes. Looks like a good entry point here.
:) i coment ur status... :) greting for u... Follow me back @zuric
I follow you now.
This post has been ranked within the top 80 most undervalued posts in the first half of Jul 14. We estimate that this post is undervalued by $10.65 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jul 14 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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