Crypto Contest August 1: LBRY Credits

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·@maarnio·
0.000 HBD
Crypto Contest August 1: LBRY Credits
LBRY Credits has broken out of the triangle pattern in the four-hour chart.

https://s2.postimg.org/k3w5uuj5l/nimet_n.png

(*Chart courtesy of Tradingview.com*)

In Elliott Wave terms, LBRY Credits began a wave one advance on January 4. The wave one finished on January 15, and the wave two correction ended on March 4. The wave three advance finished on June 21, and the wave four correction ended on July 11. If this wave count is correct, LBRY Credits should be heading next towards the June 21 peak in the wave five.

https://s4.postimg.org/5nmlt11i5/nimet_n.png

(*Chart courtesy of Tradingview.com*)

https://s17.postimg.org/7zbxkykfz/maarnio.png

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 March 4 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 March 4 low and the June 21 peak until September 1".

You can upvote the comment until 3 PM EST August 2 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.
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