Crypto Contest August 23: Bitrock

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Bitrock (Uniswap: BITROCKUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, BITROCK began a red wave one advance on July 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 29 and the red wave two (blue sub-waves a-b-c) correction ended on August 10. If this wave count is correct, BITROCK should be heading next towards the July 29 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Bitrock is an Ethereum sidechain IBFT 2.0 Proof of Authority (PoA) blockchain with near-zero native gas fees. Jerry Banfield reviewed the project three weeks ago.

(Sources: https://bit-rock.io/)

How Will Bitrock Trade?

Bitrock (Uniswap: BITROCKUSD) daily 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

BITROCK will takeout the July 29 peak

BITROCK will drop below the July 12 low

BITROCK will stay in a trading range between the July 12 low and the July 29 peak until September 28

Posted Using LeoFinance Alpha



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53 comments
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BITROCK will takeout the July 29 peak

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"BITROCK will stay in a trading range between the July 12 low and the July 29 peak until September 28*

!PGM !LOOLZ !MEME !HUG

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO - 0.005 SCRAP tokens

remaining commands 5

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BITROCK will takeout the July 29 peak

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Will take out the July 29 peak. Nice to see you here brother ☺️

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BITROCK will takeout the July 29 peak

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BITROCK will takeout the July 29 peak

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BITROCK will stay in a trading range between the July 12 low and the July 29 peak until September 28

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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!WINE

!LOLZ
!LUV
!PIZZA

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BITROCK will drop below the July 12 low

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BITROCK will drop below the July 12 low

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BITROCK will stay in a trading range between the July 12 low and the July 29 peak until September 28

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BITROCK will stay in a trading range between the July 12 low and the July 29 peak until September 28

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