Crypto Contest June 13: Golem
Golem has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Golem began a wave one advance on March 9. The wave one finished on March 31, and the wave two correction ended on April 11. The wave three advance finished on May 28, and the wave four correction ended on June 6. If this wave count is correct, Golem should be heading next towards the May 28 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Golem will takeout the May 28 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Golem will drop below the April 11 low".
If you think Golem is in a range, upvote this post and upvote the comment "Golem will stay in a trading range between the April 11 low and the May 28 peak until July 13".
You can upvote the comment until 3 PM EST June 14 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.
Golem will takeout the May 28 peak (32 voters as of 3 PM EST June 14: enki, coinmaker, otisbrown, gregory-f, yefet, simonjay, kooshikoo, bonvivan, soundmoney, ikilledcobain (did not vote main post), gduran, abh12345, anotherjoe, cassidyandfranks, eirik, starline, steemcollator, daniel.dalo, jznsamuel, skririm, poppy.poppers, catena, pinagpala, dirty.hera, damla, steemit.nemesis, komischername, ragnaros, mprgrmmr, flemingfarm, bhanzelhoff, igsamuel).
Golem will takeout the may peak, i like your analysis
You won.
Golem will stay in a trading range between the April 11 low and the May 28 peak until July 13 (6 voters as of 3 PM EST June 14: vortac, twinner, freiheit50, me-tarzan, mirda, andy23).
Golem will drop below the April 11 low (5 voters as of 3 PM EST June 14: cm-steem, razorwave8, rokasltu, coolthings, lig007).
Golem will takeout the May 28 peak.
Golem will takeout the May 28 peak
Golem will takeout the May 28 peak.
Golem will takeout the May 28 peak
I just bought a bunch of Golem last week because it is has been positioned for a big breakout, and today it looks like it is taking off.
Looks like a sure thing!
Golem will take out the May 28 peak
Golem will takeout the May 28 peak.