Crypto Contest March 19: DopeCoin

DopeCoin (DOPEUSD) 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, DopeCoin began a wave one advance on November 2, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 31, 2017, and the red wave two (blue sub-waves a-b-c) correction ended on February 6. If this wave count is correct, DopeCoin should be heading next towards the December 31, 2017 peak in the red wave three.

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

Looking at the monthly chart, I believe DopeCoin is currently in the red wave five (blue sub-wave iii). The red wave five began on November 2, 2017.

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

DopeCoin is a digital currency for marijuana enthusiasts. HODLer God published a video on January 3 with the recent developments in DopeCoin and what to expect.

(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 December 31, 2017 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 2, 2017 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 2, 2017 low and the December 31, 2017 peak until April 24".

You can upvote the comment until 3 PM EST March 22 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.