Crypto Contest September 8: Bifrost

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Bifrost (Upbit: BFCBTC) 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, BFC began a red wave one advance on January 3. The red wave one peaked on April 22 and the red wave two correction ended on June 22. The red wave three (blue sub-waves i-ii-iii-iv-v) peaked on August 19 and the red wave four (blue sub-waves a-b-c) correction ended on September 7. If this wave count is correct, BFC should be heading next towards the August 19 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Bifrost is a multichain middleware platform enabling developers to create DApps on top of multiple protocols. CryptoWendyO reviewed the project earlier this year.

(Sources: https://thebifrost.io/)

How Will Bifrost Trade?

Bifrost (Upbit: BFCBTC) 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.

BFC will takeout the August 19 peak

BFC will drop below the August 9 low

BFC will stay in a trading range between the August 9 low and the August 19 peak until October 15

Posted Using LeoFinance Beta



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93 comments
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BFC will drop below the August 9 low

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BFC will stay in a trading range between the August 9 low and the August 19 peak until October 15

!ENGAGE 100
!WINE
!LUV
!PIZZA
!BEER

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!ENGAGE 100
!WINE
!LUV
!PIZZA
!BEER

Posted Using LeoFinance Beta

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@eii! I sent you a slice of $PIZZA on behalf of @maarnio.

Did you know you can earn $VFT through the PIZZA farm? (2/10)

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BFC will stay in a trading range between the August 9 low and the August 19 peak until October 15

!WINE
!BEER
!LUV
!PIZZA

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!WINE
!BEER
!LUV
!PIZZA

Posted Using LeoFinance Beta

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@valentin86! I sent you a slice of $PIZZA on behalf of @maarnio.

Did you know you can trade $PIZZA on Hive-Engine, Tribaldex, or LeoDex? (1/10)

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BFC will drop below the August 9 low

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BFC will stay in a trading range between the August 9 low and the August 19 peak until October 15

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author trincowski. This is done by setting the beneficiaries of this comment to 100 %.

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BFC will drop below the August 9 low

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BFC will takeout the August 19 peak

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BFC will drop below the August 9 low

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BFC will takeout the August 19 peak

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BFC will takeout the August 19 peak

0
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0.000
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BFC will drop below the August 9 low

0
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0.000
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BFC will takeout the August 19 peak

0
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0.000
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BFC will drop below the August 9 low

0
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0.000
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BFC will drop below the August 9 low

0
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0.000
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BFC will drop below the August 9 low

0
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0.000
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BFC will takeout the August 19 peak

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0.000
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BFC will takeout the August 19 peak

0
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0.000
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BFC will drop below the August 9 low

0
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0.000
avatar

BFC will takeout the August 19 peak

0
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0.000
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BFC will drop below the August 9 low

0
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0.000
avatar

BFC will takeout the August 19 peak

0
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0.000
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BFC will takeout the August 19 peak

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0.000
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BFC will drop below the August 9 low

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0.000
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BFC will drop below the August 9 low

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