Crypto Contest March 13: Substratum

Substratum (SUBUSD) 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, Substratum began a wave one advance on October 13, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 9 this year, and the red wave two (blue sub-waves a-b-c) correction ended on March 9. If this wave count is correct, Substratum should be heading next towards the January 9 peak in the red wave three.

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

Funnymentals

The Substratum Network will bring the decentralized web worldwide without the need of special software for the average internet user. Here is the official introduction video.

(Sources: https://substratum.net/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Substratum will takeout the January 9 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Substratum will drop below the October 13, 2017 low".

If you think Substratum is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Substratum will stay in a trading range between the October 13, 2017 low and the January 9 peak until April 18".

You can upvote the comment until 3 PM EST March 16 and you can upvote only one comment. 50% of 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

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.