Crypto Contest September 13: Edgeless
Edgeless (EDGBTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Edgeless began a wave one advance on May 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 5, and the red wave two (blue sub-waves a-b-c) correction ended on August 7. If this wave count is correct, Edgeless should be heading next towards the July 5 peak in the red wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Edgeless will takeout the July 5 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Edgeless will drop below the May 10 low".
If you think Edgeless is in a range, upvote this post and upvote the comment "Edgeless will stay in a trading range between the May 10 low and the July 5 peak until October 14".
You can upvote the comment until 3 PM EST September 14 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).
Edgeless will stay in a trading range between the May 10 low and the July 5 peak until October 14 (23 voters as of 3 PM EST September 14: bentleycapital, twinner, soundmoney, simonjay, lucasgabd, me-tarzan, catena, kooshikoo, yefet, flemingfarm, tzap90, themovieplace, starline, ahinga, mirda, coolthings, ragnaros, carlosdaniel, mprgrmmr, andy23, barcalogia, shaunf, me-do).
Edgeless will takeout the July 5 peak (9 voters as of 3 PM EST September 14: landofcrypto, otisbrown, fitinfun, libert, eirik, abh12345, digitalking, psywalker, freskil).
You won.
Edgeless will drop below the May 10 low (8 voters as of 3 PM EST September 14: gregory-f, skririm, dlina-v-metrah, cassidyandfranks, anetchen, jznsamuel, lig007, gunsmithing).
A mention in today blog for the always consistent @maarnio :)
Thanks Asher. Commented on your blog.
Thank you! :D
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