Crypto Contest August 16: Bitcoin20
Bitcoin20 (Uniswap: BTC20USD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, BTC20 began a red wave one advance on August 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 13 and the red wave two (blue sub-waves a-b-c) correction ended on August 15. If this wave count is correct, BTC20 should be heading next towards the August 13 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Bitcoin20 is the green ERC-20 version of Bitcoin on Ethereum. Cilinix Crypto reviewed the project three weeks ago.
(Sources: https://www.btc20.com/)
How Will Bitcoin20 Trade?
Bitcoin20 (Uniswap: BTC20USD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below
BTC20 will takeout the August 13 peak
BTC20 will drop below the August 10 low
BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
Posted Using LeoFinance Alpha
BTC20 will drop below the August 10 low
Correct.
BTC generally is having a bad time in the market though 😕
BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
BTC20 will takeout the August 13 peak
BTC20 will takeout the August 13 peak
BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
BTC20 will takeout the August 13 peak
BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21 !BEER
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BEER.BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
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BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
Nice to see you here as well.
BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
!BEER
!BEER
View or trade
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BEER.Hey @maarnio, here is a little bit of
BEERfrom @roninrelax for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
BTC20 will takeout the August 13 peak
BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21
BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21