Crypto Contest July 20: PascalCoin

PascalCoin has broken out of the channel in the four-hour chart.

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, PascalCoin began a wave one advance on March 2. The wave one (sub-waves i-v) finished on May 8, and the wave two (sub-waves a-b-c) ended on July 11. If this wave count is correct, PascalCoin should be heading next towards the May 8 peak in the wave three.

(Chart courtesy of Poloniex.com)

If you think this analysis is correct, upvote this post and upvote the comment "PascalCoin will takeout the May 8 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "PascalCoin will drop below the March 2 low".

If you think PascalCoin is in a range, upvote this post and upvote the comment "PascalCoin will stay in a trading range between the March 2 low and the May 8 peak until August 20".

You can upvote the comment until 3 PM EST July 21 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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