Crypto Contest December 20: Stratis

Stratis (Bittrex: STRATBTC) 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, Stratis began a wave one advance in August 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in May 2017, and the red wave two (blue sub-waves a-b-c) correction ended in November this year. If this wave count is correct, Stratis should be heading next towards the May 2017 peak in the red wave three.

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

Funnymentals

Stratis is a BaaS platform, allowing users to develop their own blockchain applications. You can find a hint to the recent price surge from the video below.

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

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

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

If you think Stratis is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Stratis will stay in a trading range between the November low and the April peak until January 24, 2019".

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

You can upvote the comment until 3 PM EST December 23 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.