Crypto Contest May 14: Gnosis

Gnosis (GNOUSD) 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, Gnosis began a wave one advance on November 12, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 5 this year, and the red wave two (blue sub-waves a-b-c) correction ended on March 30. If this wave count is correct, Gnosis should be heading next towards the January 5 peak in the red wave three.

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

Funnymentals

Gnosis builds market-driven forecasting technology. Decentralized TV highlighted some of the upcoming milestones.

(Sources: https://gnosis.pm/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Gnosis will takeout the January 5 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Gnosis will drop below the March 30 low".

If you think Gnosis is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Gnosis will stay in a trading range between the March 30 low and the January 5 peak until June 19".

You can upvote the comment until 3 PM EST May 17 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.