Bytecoin has broken out of the wedge pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Bytecoin began a wave one advance on March 26. The wave one (sub-waves i-v) finished on May 21, and the wave two (sub-waves a-b-c) correction ended on July 11. If this wave count is correct, Bytecoin should be heading next towards the May 21 peak in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Bytecoin will takeout the May 21 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Bytecoin will drop below the March 26 low".
If you think Bytecoin is in a range, upvote this post and upvote the comment "Bytecoin will stay in a trading range between the March 26 low and the May 21 peak until August 13".
You can upvote the comment until 3 PM EST July 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). Only participants with a Reputation of 35 or more will qualify in the contest.