Crypto Contest July 10: AirSwap

AirSwap (ASTBTC) 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, AirSwap began a wave one advance on December 12, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 10 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 26. If this wave count is correct, AirSwap should be heading next towards the January 10 peak in the red wave three.

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

Funnymentals

AirSwap is a decentralized token marketplace based on the swap protocol whitepaper. Jetset Crypto reviewed the token on May 26.

(Sources: https://www.airswap.io/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "AirSwap will takeout the April 24 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "AirSwap will drop below the December 12, 2017 low".

If you think AirSwap is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "AirSwap will stay in a trading range between the December 12, 2017 low and the April 24 peak until August 14".

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

You can upvote the comment until 3 PM EST July 13 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.