Crypto Contest July 14: Sequence

Sequence (SEQUSD) 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, Sequence began a wave one advance in January 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 9 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 24. If this wave count is correct, Sequence should be heading next towards the January 9 peak in the red wave three.

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

Funnymentals

Sequence (SEQ) is Duality’s tokenized-asset that is hedged as collateral against Dynamic (DYN) to ensure market independence through supply control. TripJammer explains this dynamic in more detail.

(Sources: https://duality.solutions/sequence/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Sequence will takeout the April 14 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Sequence will drop below the October 15, 2017 low".

If you think Sequence is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Sequence will stay in a trading range between the October 15, 2017 low and the April 14 peak until August 18".

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

You can upvote the comment until 3 PM EST July 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.