Crypto Contest July 23: GameCredits
GameCredits has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, GameCredits began a wave one advance in January 2016. The wave one finished in December 2016, and the wave two correction ended on February 20 this year. The wave three advance finished on June 4, and the wave four correction ended on July 16. If this wave count is correct, GameCredits should be heading next towards the June 4 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "GameCredits will takeout the June 4 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "GameCredits will drop below the February 20 low".
If you think GameCredits is in a range, upvote this post and upvote the comment "GameCredits will stay in a trading range between the February 20 low and the June 4 peak until August 23".
You can upvote the comment until 3 PM EST July 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.
GameCredits will stay in a trading range between the February 20 low and the June 4 peak until August 23 (29 voters as of 3 PM EST July 24: bleujay, steem-buzz, freiheit50, twinner, simonjay, yefet, tfeldman, me-tarzan, ahinga, rhino, allmonitors, stay9n0, tzap90, starline, thatsweeneyguy, damla, lucasgabd, pinklotus, mirda, catena, miniature-tiger, igsamuel, ragnaros, napkin, nirado, andy23, lig007, me-do, vermute).
You won.
GameCredits will takeout the June 4 peak (12 voters as of 3 PM EST July 24: gregory-f, soundmoney, dirty.hera, steemit.nemesis, eirik, jznsamuel, anetchen, psilacetin, mprgrmmr, c-c-c, razorwave8, mela).
GameCredits will drop below the February 20 low (3 voters as of 3 PM EST July 24: spinbunny, coolthings, libert).
Where did you learn TA?
I started learning it when I was day trading with stocks around year 2000.