Crypto Contest December 4: Kore

Kore (Bittrex: KOREBTC) 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, Kore began a wave one advance on October 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 24, and the red wave two (blue sub-waves a-b-c) correction ended on November 20. If this wave count is correct, Kore should be heading next towards the October 24 peak in the red wave three.

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

Looking at the monthly chart, I believe Kore is currently in the red wave three. The red wave three began on October 19.

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

Funnymentals

Kore is a privacy coin with masternodes. You can take a look at their wallet below.

(Sources: https://kore.life/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Kore will takeout the October 24 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Kore will drop below the October 19 low".

If you think Kore is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Kore will stay in a trading range between the October 19 low and the October 24 peak until January 8, 2019".

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

You can upvote the comment until 3 PM EST December 7 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.