Crypto Contest February 24: IHT Real Estate Protocol
IHT Real Estate Protocol (Bittrex: IHTBTC) 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, I-House Token began a wave one advance on December 20, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 14 this year, and the red wave two (blue sub-waves a-b-c) correction ended on February 20. If this wave count is correct, I-House Token should be heading next towards the January 14 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
IHT is a smart contract technology and distributed accounting technology developed for the purpose of splitting real estate under i-house.com which utilizes blockchain’s intrinsic advantages such as trustless mechanism, anti-tamper, co-supervision, traceability. Crypto News interviewed the CTO last year.
(Sources: IHT Real Estate Protocol
and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "I-House Token will takeout the January 2019 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "I-House Token will drop below the December 2018 low".
If you think I-House Token is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "I-House Token will stay in a trading range between the December 2018 low and the January 2019 peak until March 31".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST February 27 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).
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I-House Token will stay in a trading range between the December 2018 low and the January 2019 peak until March 31 (19 voters as of 3 PM EST February 27: bleujay, freiheit50, mellofello, skepticology, crokkon, abh12345, harryp3, reconnectnature, soundmoney, kunschj, jznsamuel, anetchen, steem-d-anlovnit, ace108, fullcoverbetting, utkarshvarma, richard78624, diogosantos, simonjay).
You won. Paid out from @maarnio1
I-House Token will drop below the December 2018 low (11 voters as of 3 PM EST February 27: bentleycapital, gregory-f, diana.feuerberg, allyouneedtoknow, vicspics, toofasteddie, lydon.sipe, cryptotem, mitrado, mgood, sporttr).
I-House Token will takeout the January 2019 peak (2 voters as of 3 PM EST February 27: steemit.nemesis, galasek).
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