Crypto Contest July 6: BlockMason Credit Protocol
BlockMason Credit Protocol (BCPTBTC) 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, BlockMason Credit Protocol began a wave one advance on December 13, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 28 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 29. If this wave count is correct, BlockMason Credit Protocol should be heading next towards the February 28 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Blockmason’s Credit Protocol is a standardized, reliable method for recording debt and credit obligations on the blockchain. Coin FOMO reviewed the token earlier this year.
(Sources: https://blockmason.io/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "BlockMason Credit Protocol will takeout the April 30 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "BlockMason Credit Protocol will drop below the December 13, 2017 low".
If you think BlockMason Credit Protocol is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "BlockMason Credit Protocol will stay in a trading range between the December 13, 2017 low and the April 30 peak until August 11".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST July 9 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.
BlockMason Credit Protocol will stay in a trading range between the December 13, 2017 low and the April 30 peak until August 11 (45 voters as of 3 PM EST July 9: bleujay, gregory-f, bentleycapital, glennolua, soundmoney, komischername, abh12345, misalen, simonjay, toofasteddie, thatsweeneyguy, koskl, starline, revelationquotes, reconnectnature, rothberg, themovieplace, cryptotem, steem-d-anlovnit, mgood, mike11, diogosantos, mirda, afrinsultana, amity123, catchup, galasek, techlife, pario, biomanu, chotho, karadere, flemingfarm, liberton, richard78624, costanza, nordina, coolthings, nicolaepavelean, lovetaxi005 (did not vote main post), harryp3, yefet, ragnaros, askeb, mitrado).
You won. Paid out from @maarnio1
BlockMason Credit Protocol will drop below the December 13, 2017 low (11 voters as of 3 PM EST July 9: sqlinsix, skepticology, allyouneedtoknow, freiheit50, steemit.nemesis, barbadosso, vicspics, milano1113, photoquote, punjolife, what-is-life).
BlockMason Credit Protocol will takeout the April 30 peak (8 voters as of 3 PM EST July 9: lydon.sipe, crokkon, kunschj, tzap90, marverick984, portillo, beiker, sporttr).
have seen this project a few times - what does it exactly do?
This should help you get started.