Crypto Contest October 30: FoldingCoin

FoldingCoin (FLDCUSD) 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, FoldingCoin began a wave one advance in January 2016. The red wave one finished in March 2016, and the red wave two correction ended in May 2016. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in January this year, and the red wave four (blue sub-waves a-b-c) correction ended in September. If this wave count is correct, FoldingCoin should be heading next towards the January peak in the red wave five.

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

Funnymentals

With FoldingCoin you can help Stanford University's Folding@home with your extra computing power and earn tokens for work completed. You can view FoldingCoin's October public meeting below.

(Sources: https://www.foldingcoin.net/ and YouTube)

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

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

If you think FoldingCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "FoldingCoin will stay in a trading range between the September low and the July peak until December 4".

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

You can upvote the comment until 3 PM EST November 2 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.