Bytes (GBYTEBTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Bytes began a wave one advance on December 8, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 13 this year, and the red wave two (blue sub-waves a-b-c) correction could have ended today February 2. If this wave count is correct, Bytes should be heading next towards the January 13 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Here is an exclusive interview (Part 1) with the Byteball founder Tony Churyumoff. The interview was published on January 21 by The Billion Dollar Secret.
(Sources: https://byteball.org/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Byteball will takeout the January 13 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Byteball will drop below the December 8, 2017 low".
If you think Byteball is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Byteball will stay in a trading range between the December 8, 2017 low and the January 13 peak until March 5".
You can upvote the comment until 3 PM EST February 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).
Bonus
I will be sending one 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.
Byteball will takeout the January 13 peak (32 voters as of 3 PM EST February 3: bleujay, bentleycapital, fitinfun, allyouneedtoknow, ace108, kanoe, lydon.sipe, eirik, toofasteddie, crokkon, komischername, ahinga, dlwagner, gregory-f, cassidyandfranks, criptorafa, mihail.tsvetkov, koskl, kazish, ragnaros, osmanbugra, hashclouds, portillo, nikossa1908, incrediblesnow, barbadosso, heidelbaer, aaawee, diogosantos, margaritaradkova, faisalazmi, amfid4846).
Byteball will stay in a trading range between the December 8, 2017 low and the January 13 peak until March 5 (27 voters as of 3 PM EST February 3: steemquestions, glennolua, simonjay, twinner, jznsamuel, steem-buzz, flemingfarm, lucasgabd, mgood, catena, me-do, reconnectnature, mirda, cryptotem, alexandrya92, richard78624, tzap90, andy23, nafazul, plumygg, helex, acehnature, elisablogs, maverick0524, utkarshvarma, cata22, abnurmulya03).
You won.
Byteball will drop below the December 8, 2017 low (10 voters as of 3 PM EST February 3: sqlinsix, gunsmithing, heroic15397, dlina-v-metrah, starline, kunschj, skepticology, sevinwilson, libert, abhicrypto).
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STOPYou got a 43.26% upvote from @redlambo courtesy of @maarnio!
tnx for upvote and bitcoin