Crypto Contest June 29: LBRY Credits
LBRY Credits has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, LBRY Credits began a wave one advance on March 4. The wave one finished on May 21, and the wave two correction ended on May 27. The wave three advance finished on June 21, and the wave four correction ended on June 26. If this wave count is correct, LBRY Credits should be heading next towards the June 21 peak in the wave five.
(Chart courtesy of Tradingview.com)
Zooming out in the daily chart, I believe LBRY Credits is currently in the wave three (sub-wave v).
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "LBRY Credits will takeout the June 21 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "LBRY Credits will drop below the May 27 low".
If you think LBRY Credits is in a range, upvote this post and upvote the comment "LBRY Credits will stay in a trading range between the May 27 low and the June 21 peak until July 29".
You can upvote the comment until 3 PM EST June 30 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.
LBRY Credits will stay in a trading range between the May 27 low and the June 21 peak until July 29 (13 voters as of 3 PM EST June 30: bleujay, me-tarzan, yefet, rhino, komischername, catena, paul.atreides, osmanbugra, ragnaros, imvictus, junoooo, coolthings, metanoia).
You won.
LBRY Credits will takeout the June 21 peak (24 voters as of 3 PM EST June 30: gregory-f, simonjay, soundmoney, ikilledcobain (did not vote main post), bonvivan, daniel.dalo, timoshey, lydon.sipe, acid78, cassidyandfranks, skririm, starline, poppy.poppers, themovieplace, abh12345, eirik, kooshikoo, pinagpala, andy23, mprgrmmr, jznsamuel, me-do, krishnan, miniature-tiger).
funny, I just bought some yesterday, then you posted comp :)
Thank you soundmoney and thanks for resteeming.
lbry can jump again in upcomming week
there is more probability of it .
Yes. Maybe Decent launch will help it also.
LBRY Credits will drop below the May 27 low (3 voters as of 3 PM EST June 30: mirda, spassvogel, lig007).
Very interesting!
Thank you.
This post has been ranked within the top 50 most undervalued posts in the first half of Jun 29. We estimate that this post is undervalued by $28.06 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 29 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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