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.
Gnosis will takeout the January 5 peak (24 voters as of 3 PM EST May 17: bleujay, steemquestions, lydon.sipe, bentleycapital, sukhothai, allyouneedtoknow, bxlphabet, scootbuttons, ace108, fitinfun, crokkon, me-do, dirty.hera, jznsamuel, koskl, carlosdaniel, kunschj, roadstories, rjunaid12, galasek, catchup, utkarshvarma, jozef230, beiker).
Hello friend
Please remove.
This is for you, you can use it.
Thanks but no thanks. You can remove them.
Ok... (
Gnosis will stay in a trading range between the March 30 low and the January 5 peak until June 19 (38 voters as of 3 PM EST May 17: gregory-f, revelationquotes, glennolua, soundmoney, simonjay, misalen, dlina-v-metrah, mgood, rothberg, reconnectnature, flemingfarm, cryptotem, steem-d-anlovnit, komischername, starline, qmarpot, diogosantos, tzap90, portillo, mirda, costanza, richard78624, sporttr, nicolaepavelean, toofasteddie, coolthings, harryp3, nordina, mihail.tsvetkov, andy23, ragnaros, mitrado, stalexmkl, criptorafa, janine-ariane, askeb, heidelbaer, neo-wiza).
Gnosis will drop below the March 30 low (8 voters as of 3 PM EST May 17: sqlinsix, skepticology, steemit.nemesis, vicspics, barbadosso, mister.green, easymoney202, photo-moment).
Good concept and the forecasting technology is a great feature in the cryptospace