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Crypto Contest May 15: GeoCoin

maarnio

Published: 15 May 2020 › Updated: 15 May 2020Crypto Contest May 15: GeoCoin

Crypto Contest May 15: GeoCoin

GeoCoin (Bittrex: GEOUSD) 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, GEO began a red wave one advance in September 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in March this year. If this wave count is correct, GEO should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

With GeoCoin you can find real money just by visiting a location.

(Sources: http://geo.money/)

How Will GeoCoin Trade?

GeoCoin (Bittrex: GEOUSD) weekly chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

GEO will takeout the October 2019 peak

GEO will drop below the March 2020 low

GEO will stay in a trading range between the March 2020 low and the October 2019 peak until June 19

Leave Crypto Contest May 15: GeoCoin to:

Written by

I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

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