Crypto Contest June 18: Blox

maarnio(75)
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Blox (CDTBTC) has broken out of the triangle pattern in the daily chart.
nimetön.png

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

Elliott Wave Analysis

In Elliott Wave terms, Blox began a wave one advance on March 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 2, and the red wave two (blue sub-waves a-b-c) correction ended on June 13. If this wave count is correct, Blox should be heading next towards the May 2 peak in the red wave three.
nimetön2.png

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

Looking at the weekly chart, I believe Blox is currently in the red wave three (blue sub-wave iii). The red wave three began on March 18.
nimetön3.png

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

Funnymentals

Blox is a platform for portfolio tracking and blockchain asset management. Crypto Bros reviewed the token on May 31.

(Sources: https://blox.io/ and YouTube)
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If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Blox will takeout the May 2 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Blox will drop below the March 18 low".

If you think Blox is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Blox will stay in a trading range between the March 18 low and the May 2 peak until July 24".

You can upvote the comment until 3 PM EST June 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).

Bonus

I will be sending one Trophy Token (trophy-token@trophy-token) to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.

Crypto Contest June 18: Blox | Ecency