Crypto Contest May 26: DigiByte
DigiByte has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, DigiByte began a wave one advance on March 3. The wave one finished on April 18, and the wave two correction ended on May 2. The wave three advance finished on May 21, and the wave four correction ended on May 25. If this wave count is correct, DigiByte should be heading next towards the May 21 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "DigiByte will takeout the May 21 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "DigiByte will drop below the May 2 low".
If you think DigiByte is in a range, upvote this post and upvote the comment "DigiByte will stay in a trading range between the May 2 low and the May 21 peak until June 21".
You can upvote the comment until 3 PM EST May 27 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.
DigiByte will takeout the May 21 peak (20 voters as of 3 PM EST May 27: bleujay, henry-gant, otisbrown, coinmaker, gregory-f, twinner, me-tarzan, allyouneedtoknow, yefet, steemquestions, soundmoney, ikilledcobain, starline, angelstarr, mprgrmmr, coolthings, damla, jznsamuel, dirty.hera, pinagpala).
Lets go! :)
$DGB rules!
You won.
DigiByte will stay in a trading range between the May 2 low and the May 21 peak until June 21 (6 voters as of 3 PM EST May 27: ace108, alexrickard86, anotherjoe, mirda, avarice, andy23).
DigiByte will drop below the May 2 low (3 voters as of 3 PM EST May 27: spinbunny, cassidyandfranks, ragnaros).