Crypto Contest July 8: PotCoin
PotCoin has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, PotCoin began a wave one advance on March 3. The wave one (sub-waves i-v) finished on June 13, and the wave two (sub-waves abc) correction ended on July 6. If this wave count is correct, PotCoin should be heading next towards the June 13 peak in the wave three.
(Chart courtesy of Tradingview.com)
Looking at the weekly chart, I believe PotCoin is currently in the wave three (sub-wave iii).
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "PotCoin will takeout the June 13 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "PotCoin will drop below the March 3 low".
If you think PotCoin is in a range, upvote this post and upvote the comment "PotCoin will stay in a trading range between the March 3 low and the June 13 peak until August 8".
You can upvote the comment until 3 PM EST July 9 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.
PotCoin will stay in a trading range between the March 3 low and the June 13 peak until August 8 (18 voters as of 3 PM EST July 9: twinner, yefet, steem-buzz, soundmoney, psywalker, starline, thatsweeneyguy, migo25, damla, flemingfarm, pinagpala, psilacetin, ragnaros, tzap90, coolthings, javierlandaeta, miniature-tiger, rhino).
You won.
PotCoin will takeout the June 13 peak (11 voters as of 3 PM EST July 9: simonjay, gregory-f, lydon.sipe, daniel.dalo, poppy.poppers, kooshikoo, abh12345, me-do, andy23, carlosdaniel, eirik).
PotCoin will drop below the March 3 low (6 voters as of 3 PM EST July 9: stay9n0, mirda, razorwave8, mprgrmmr, zizelevak, lig007).
Awsome Post..!!
Thank you Noman.
follow back,,
I think I will.
Congratulations ! This post has received 5% upvote from @cryptokraze for participating in 1st Giveaway | 200 Followers
Thank You
Win $25 SBD | 2nd Giveaway
Thank you Umair.
I think the analysis is correct and PotCoin will takeout the June 13 peak.
This post has been ranked within the top 80 most undervalued posts in the first half of Jul 08. We estimate that this post is undervalued by $20.71 as compared to a scenario in which every voter had an equal say.
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