Crypto Contest December 22: I/O Digital Currency

I/O Digital Currency has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe I/O Digital Currency has completed five waves from the August 11 low. The five wave impulse finished on the September 11, and the three wave correction ended on the December 4. If this wave count is correct, I/O Digital Currency should be heading next towards the September 11 peak.

(Chart courtesy of Tradingview.com)
In the weekly chart, I/O Digital Currency is currently most likely in the wave three (sub-wave v). The wave one started on the May 30, and finished on the June 18. The wave two correction ended on the June 26.

(Chart courtesy of Tradingview.com)
Looking at the monthly chart, I believe I/O Digital Currency is in the wave three. The wave one started in February, and finished in March. The wave two correction ended on the May 30.

(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long I/O Digital Currency.

If you think this analysis is correct, upvote this post and upvote the comment "I/O Digital Currency will takeout the September 29 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "I/O Digital Currency will drop below the December 4 low".
If you think I/O Digital Currency is in a range, upvote this post and upvote the comment "I/O Digital Currency will stay in a trading range between the December 4 low and the September 29 peak until January 19, 2017".
You can upvote the comment until 3 PM EST December 23 and you can upvote only one comment. 300% of Steem (3 X 0.222 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.