Crypto Contest October 28: WaBi
WaBi (WABIBNB) 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, WaBi began a wave one advance on August 15. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 26, and the red wave two (blue sub-waves a-b-c) correction ended on October 12. I believe WaBi is currently in the red wave three (blue sub-wave iii).
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
WaBi is the digital token behind Walimai's anti-counterfeit technology. Tech Frontier interviewed the founders earlier this year.
(Sources: https://wacoin.io/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "WaBi 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) "WaBi will drop below the August low".
If you think WaBi is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "WaBi will stay in a trading range between the August low and the April peak until December 2".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST October 31 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.
WaBi will stay in a trading range between the August low and the April peak until December 2 (17 voters as of 3 PM EST October 31: allyouneedtoknow, gregory-f, mellofello, novus-locus, crokkon, skepticology, tfeldman, toofasteddie, kunschj, simonjay, jznsamuel, steem-d-anlovnit, revelationquotes, costanza, lucasgabd, richard78624, sporttr).
You won. Paid out from @maarnio1
WaBi will drop below the August low (10 voters as of 3 PM EST October 31: sqlinsix, diana.feuerberg, barbadosso, vicspics, starline, reconnectnature, mitrado, koskl, nzl19500, dine77).
WaBi will takeout the April peak (5 voters as of 3 PM EST October 31: ace108, lydon.sipe, steemit.nemesis, galasek, criptorafa).
Congratulations @maarnio! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
Hi @maarnio!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.875 which ranks you at #1258 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 241 contributions, your post is ranked at #204.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Congratulations @maarnio! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard: