Crypto Contest July 7: DigiByte

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·@maarnio·
0.000 HBD
Crypto Contest July 7: DigiByte
DigiByte has broken out of the triangle pattern in the four-hour chart.

https://s16.postimg.org/4trh06i6d/nimet_n.png

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, DigiByte began a wave one advance on March 3. The wave one (sub-waves i-v) finished on June 3, and the wave two correction (sub-waves abc) ended on July 2. If this wave count is correct, DigiByte should be heading next towards the June 3 peak in the wave three.

https://s24.postimg.org/58odzm0np/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 "DigiByte will takeout the June 3 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "DigiByte will drop below the March 3 low".

If you think DigiByte is in a range, upvote this post and upvote the comment "DigiByte will stay in a trading range between the March 3 low and the June 3 peak until August 7".

You can upvote the comment until 3 PM EST July 8 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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