Crypto Contest September 15: Moeda Loyalty Points

Moeda Loyalty Points (MDAUSD) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Moeda Loyalty Points began a wave one advance on August 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 4, and the red wave two (blue sub-waves a-b-c) correction ended September 12. If this wave count is correct, Moeda Loyalty Points should be heading next towards the September 4 peak in the red wave three.

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

Funnymentals

Moeda offers simple peer-to-peer payments and a peer-to-peer remittance network to help drive entrepreneurs toward their goals. You can view one use case of Moeda below.

(Sources: https://moedaseeds.com/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Moeda Loyalty Points will takeout the September 4 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Moeda Loyalty Points will drop below the August 14 low".

If you think Moeda Loyalty Points is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Moeda Loyalty Points will stay in a trading range between the August 14 low and the September 4 peak until October 20".

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

You can upvote the comment until 3 PM EST September 18 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

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Bonus 2

Upvote the right comment and the main post with at least $0.10 and you will get 3 x the winning prize.