Crypto Contest December 29: DopeCoin

DopeCoin (Bittrex: DOPEBTC) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, DopeCoin began a wave one advance in August 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in November this year. If this wave count is correct, DopeCoin should be heading next towards the December 2017 peak in the red wave three.

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

Funnymentals

DopeCoin is a coin for marijuana enthusiasts. Bitcoin Dragonz reviewed the cannabis coins earlier this year.

(Sources: https://dopecoin.com/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "DopeCoin will takeout the August peak".

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

If you think DopeCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "DopeCoin will stay in a trading range between the November low and the August peak until February 2, 2019".

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

You can upvote the comment until 3 PM EST January 1, 2019 and you can upvote only one comment. 50% of liquid STEEM + 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 1

I will be sending one 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.

Bonus 2

Upvote the right comment and the main post with at least $0.10 and you will get 3 x the winning prize.