Crypto Contest July 25: SysCoin
SysCoin has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, SysCoin began a wave one advance in January 2016. The wave one finished in August 2016, and the wave two correction ended on March 10 this year. The wave three advance finished on June 19, and the wave four correction ended on July 11. If this wave count is correct, SysCoin should be heading next towards the June 19 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "SysCoin will takeout the June 19 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "SysCoin will drop below the March 10 low".
If you think SysCoin is in a range, upvote this post and upvote the comment "SysCoin will stay in a trading range between the March 10 low and the June 19 peak until August 25".
You can upvote the comment until 3 PM EST July 26 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.
SysCoin will takeout the June 19 peak (23 voters as of 3 PM EST July 26: bleujay, pharesim, ace108, steem-buzz, simonjay, lydon.sipe, dirty.hera, gregory-f, allmonitors, skririm, pinklotus, lucasgabd, pollux.one, anetchen, eirik, napkin, mprgrmmr, carlosdaniel, psilacetin, kitcat, leninquiblat, me-do, vermute).
SysCoin will stay in a trading range between the March 10 low and the June 19 peak until August 25 (20 voters as of 3 PM EST July 26: twinner, me-tarzan, soundmoney, yefet, steemit.nemesis, ahinga, starline, komischername, migo25, damla, flemingfarm, mirda, coolthings, abh12345, miniature-tiger, ragnaros, andy23, lig007, mela, freskil).
You won.
SysCoin will drop below the March 10 low (3 voters as of 3 PM EST July 26: osmanbugra, jznsamuel, c-c-c).
This is awesome! I guess I'm qualified right?
♣♣♣♣♣I will follow back those people who will follow me, I just thought that's a fair deal.♣♣♣♣♣
Thank you Lenin and welcome. Yes, you are qualified.
SysCoin will takeout the June 19 peak.
Good. Please upvote the right comment.
Oops! Sorry. Done. Thanks.
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