Crypto Contest March 15: Einsteinium
Einsteinium (EMC2USD) 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, Einsteinium began a wave one advance in January 2016. The red wave one finished in September 2016, and the red wave two correction ended in January 2017. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on December 19, 2017, and the red wave four correction ended on March 9 this year. If this wave count is correct, Einsteinium should be heading next towards the December 19, 2017 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The Einsteinium Foundation’s mission is to raise funds for scientific research. Weeee Cash, EMC2 social app, will launch in 14 hours.
(Sources: https://www.emc2.foundation/ and Weeee Cash)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Einsteinium will takeout the December 19, 2017 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Einsteinium will drop below the November 2, 2017 low".
If you think Einsteinium is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Einsteinium will stay in a trading range between the November 2, 2017 low and the December 19, 2017 peak until April 20".
You can upvote the comment until 3 PM EST March 18 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 (@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.
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