Contest for the date of the breakoutWith all of this chop it has been slow weekend. I thought why not have a contest to see who can guess the date of the breakout?
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Contest Rules:
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You must specify the price candle will "Break Up" or "Break Down" out of the wedge and the DATE the breakout of the wedge will occur.
By breakout I mean the DAILY CLOSE must be outside of the wedge drawn on this chart. Wicks outside of the wedge with the daily close inside the wedge do not count.
The close of the next 4 days cannot fall back within the wedge. This will help to prevent a false breakout.
Wedges on other charts do not count. It must be the wedge on the chart shown here (Coinbase).
You can only enter once.
Only the first person that responds with the a "Break Up" or "Break Down" and the date are entered in the contest. Duplicate dates with the same "Break Up" or "Break Down" are disqualified.
Winner gets a pat on their back for the recognition of their skills. (If you thought you were going to get a Bitcoin, well I wish I could oblige you.)
There you have it.
To start things off I will choose "Break Up" on Oct 5, 2019.
To enter your guess, reply to this message.
Thanks for participating and have a great weekend.
