Ether has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Ether began a wave one advance on December 28, 2016. The wave one finished on March 24 this year, and the wave two correction ended on April 6. The wave three advance finished on June 13, and the wave four correction ended on July 28. If this wave count is correct, Ether should be heading next towards the June 13 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Ether will takeout the June 13 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Ether will drop below the April 6 low".
If you think Ether is in a range, upvote this post and upvote the comment "Ether will stay in a trading range between the April 6 low and the June 13 peak until September 2".
You can upvote the comment until 3 PM EST August 3 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.
Ether will stay in a trading range between the April 6 low and the June 13 peak until September 2 (34 voters as of 3 PM EST August 3: bleujay, twinner, landofcrypto, yefet, simonjay, soundmoney, tzap90, positivebalances, flusterfive, me-tarzan, catena, vinyprop, rhino, thatsweeneyguy, starline, stay9n0, architrader, paul.atreides, lucasgabd, komischername, flemingfarm, mirda, coolthings, abh12345, allyouneedtoknow, miniature-tiger, ragnaros, dpol, immetal6669, monukaith, wallsnow, vermute, freskil, me-do).
You won.
Ether will takeout the June 13 peak (22 voters as of 3 PM EST August 3: steem-buzz, gregory-f, lydon.sipe, natra, dirty.hera, ahinga, cassidyandfranks, allmonitors, anetchen, eirik, jznsamuel, sanjay91422, andy23, c-c-c, violator, digitalking, mprgrmmr, skririm, toofasteddie, carlosdaniel, zacherybinx, mela).
Ether will drop below the April 6 low (6 voters as of 3 PM EST August 3: ace108, osmanbugra, damla, libert, lig007, monukaith).
hi maarnio,
good job!
p.s.
I'm back :)
Thanks. Welcome back!
Looks good for a move up, maybe not past June 13 peak...
Yes. Can't know for sure how fast it will travel.
Upvoted and RESTEEMED :]
Thank you. Very kind of you.
Ether will trend upward due to its popularity and diffrent blockchain branched assets ....hope we see 410$ sooonnnn
Yep. Ether has been a huge success story. I am sure that there will be other coins as well that will eventually reach Ether's market value.
Thank you for posting @maarnio.
Appreciate the opportunity to participate.
Thank you for the winnings.
All the best to you and yours. Cheers.
Thank you bleujay. Appreciate you being here and like your posts as well.
good post thank you very much
Thank you steem lover.
you post is great .i follow you
Ether will stay in a trading range between the April 6 low and the June 13 peak until September 2
Please upvote the right comment.
Lol, I feel so stupid right now haha, done already thanks :)
Haha, I almost did the same thing