Bytom (KuCoin: BTMBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, BTM began a red wave one advance on July 2. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 13, and the red wave two (blue sub-waves a-b-c) correction ended on August 6. If this wave count is correct, BTM should be heading next towards the July 13 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Bytom Blockchain project was launched to develop a protocol that could tokenize assets from the physical world and represent them in the digital world on a decentralized network. You can read their latest weekly report here.
(Sources: https://bytom.io/)
How Will Bytom Trade?
Bytom (KuCoin: BTMBTC) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
BTM will takeout the July 13 peak
BTM will drop below the July 2 low
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
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BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will takeout the July 13 peak
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
.
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@crokkon/qg6sqe
BTM will takeout the July 13 peak
BTM will takeout the July 13 peak
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will takeout the July 13 peak.
BTM will drop below the July 2 low
Correct. Upvoted your post:
https://hive.blog/hive-167922/@necho41/we-are-prepared-for-a-recession
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will takeout the July 13 peak
BTM will takeout the July 13 peak
BTM will drop below the July 2 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@limit1984/qg6odg
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will drop below the July 2 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@sait/qg6pj8
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will takeout the July 13 peak
BTM will drop below the July 2 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@aminator/qg8q45
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
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BEER.BTM will takeout the July 13 peak
BTM will takeout the July 13 peak
BTM se llevará el pico del 13 de julio
BTM will drop below the July 2 low
$rewarding 70
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BTM permanecerá en un rango de negociación entre el mínimo del 2 de julio y el pico del 13 de julio hasta el 26 de septiembre
BTM will takeout the July 13 peak
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will drop below the July 2 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@rebe.torres12/re-maarnio-202099t9152475z
BTM will takeout the July 13 peak
BTM will drop below the July 2 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@asetat/qg8ncd
BTM will takeout the July 13 peak
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will drop below the July 2 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@mshares/qg8pbg
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will drop below the July 2 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@oneacc/qgbotj
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will drop below the July 2 low
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@pipp/qgbp31
BTM will stay in a trading range between the July 2 low and the July 13 peak until September 26
BTM will takeout the July 13 peak