Crypto Contest June 23: DNotes
DNotes has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, DNotes began a wave one advance on May 27. The wave one finished on May 29, and the wave two correction ended on June 1. The wave three advance finished on June 10, and the wave four correction ended on June 21. If this wave count is correct, DNotes should be heading next towards the June 10 peak in the wave five.
(Chart courtesy of Tradingview.com)
Looking at the weekly chart, I believe DNotes is currently in the wave five.
(Chart courtesy of Tradingview.com)
In the monthly chart, DNotes is most likely in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "DNotes will takeout the June 10 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Dnotes will drop below the June 1 low".
If you think DNotes is in a range, upvote this post and upvote the comment "DNotes will stay in a trading range between the June 1 low and the June 10 peak until July 23".
You can upvote the comment until 3 PM EST June 24 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.
DNotes will takeout the June 10 peak (18 voters as of 3 PM EST June 24: yefet, gregory-f, ikilledcobain (did not vote main post), dirty.hera, timoshey, simonjay, starline, themovieplace, skririm, damla, catena, poppy.poppers, eirik, ragnaros, almasan, brandonvogel, jznsamuel, imvictus).
being a DNote CRISP hodler I wish it would come true :)
DNotes will stay in a trading range between the June 1 low and the June 10 peak until July 23 (9 voters as of 3 PM EST June 24: twinner, soundmoney, me-tarzan, allyouneedtoknow, migo25, mirda, stay9n0, andy23, flemingfarm).
Dnotes will drop below the June 1 low (10 voters as of 3 PM EST June 24: razorwave8, coolthings, kooshikoo, spinbunny, thatsweeneyguy, abh12345, spassvogel, junoooo, acid78, lig007).
You won.
Great Analysis! I think it will takeout the June 10 peak. Already casted my vote yet wanted to say thank you for the write up! Learning more each day from your post!
Thank you Brandon.
Is this digital note?
No: Here is the website: http://dnotescoin.com/
And here is DigitalNote:
http://digitalnote.org/
I will pick the range option this time.
thank for the contest @maarnio!
Thank you. I noticed that you have a contest too.
Your contest is going great guns Maarnio well done, and thanks for the blog votes ☺️
No problem. Thank you for participating.
DNotes will stay in a trading range between the June 1 low and the June 10 peak until July