Crypto Contest November 27: Ravencoin

in #ravencoin5 years ago

Ravencoin (Binance: RVNBTC) has broken out of the triangle pattern in the daily chart.
nimetön.png

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

Elliott Wave Analysis

In Elliott Wave terms, Ravencoin began a wave one advance on October 15. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 22, and the red wave two (blue sub-waves a-b-c) correction ended on November 25. If this wave count is correct, Ravencoin should be heading next towards the October 22 peak in the red wave three.
nimetön2.png

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

Funnymentals

Ravencoin enables users to issue and control utility, game & securities tokens. You can view a November coin interview with Ravencoin below.

(Sources: https://ravencoin.org/ and YouTube)
steemverify.png

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Ravencoin will takeout the October 22 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Ravencoin will drop below the October 15 low".

If you think Ravencoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Ravencoin will stay in a trading range between the October 15 low and the October 22 peak until January 1, 2019".
nimetön3.png

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

You can upvote the comment until 3 PM EST November 30 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.

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Ravencoin will stay in a trading range between the October 15 low and the October 22 peak until January 1, 2019 (15 voters as of 3 PM EST November 30: bleujay, bentleycapital, allyouneedtoknow, abh12345, diana.feuerberg, mellofello, freiheit50, crokkon, steem-d-anlovnit, fullcoverbetting, toofasteddie, kunschj, reconnectnature, diogosantos, jznsamuel).

You won. Paid out from @maarnio1

Ravencoin will drop below the October 15 low (4 voters as of 3 PM EST November 30: sqlinsix, barbadosso, vicspics, galasek).

Ravencoin will takeout the October 22 peak (4 voters as of 3 PM EST November 30: steemit.nemesis, skepticology, ace108, sporttr).

I´ve heard some good things about this project, but I don´t think it is a good time to buy it.

Hi, @maarnio!

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