Crypto Contest October 8: Waltonchain
Walton (WTCUSD) 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, Walton began a wave one advance on August 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 31, and the red wave two (blue sub-waves a-b-c) correction ended on October 3. If this wave count is correct, Walton should be heading next towards the August 31 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Looking at the weekly chart, I believe Walton is currently in the red wave three. The red wave three began on August 14.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Waltonchain creates a transparent and traceable business model through the combination of RFID technology and blockchain. Nugget's News reviewed their Whitepaper 2.0 on September 4.
(Sources: https://www.waltonchain.org/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Walton will takeout the August 31 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Walton will drop below the August 14 low".
If you think Walton is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Walton will stay in a trading range between the August 14 low and the August 31 peak until November 12".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST October 11 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.
Walton will stay in a trading range between the August 14 low and the August 31 peak until November 12 (30 voters as of 3 PM EST October 11: bleujay, bentleycapital, abh12345, glennolua, mellofello, novus-locus, soundmoney, ace108, koskl, toofasteddie, kunschj, jznsamuel, barbadosso, revelationquotes, starline, steem-d-anlovnit, jlordc, costanza, biomanu, dine77, rothberg, criptorafa, galasek, tzap90, portillo, amity123, pario, mike11, richard78624, steemcollator).
Walton will stay in a trading range between the August 14 low and the August 31 peak until November 12
it wont.
It did.
You won. Paid out from @maarnio1
Walton will drop below the August 14 low (10 voters as of 3 PM EST October 11: sqlinsix, skepticology, vicspics, steemit.nemesis, chotho, techlife, mirda, mitrado, coolthings, sporttr).
Walton will takeout the August 31 peak (11 voters as of 3 PM EST October 11: steemquestions, freiheit50, michaelluchies, allyouneedtoknow, mgood, reconnectnature, marverick984, diogosantos, punjolife, fullcoverbetting, nzl19500).
I don´t know if my brain is super confused, but have this coin never been featured on your contests? (yesterday I was completely wrong, am I sleeping to much?!?)
https://steemit.com/walton/@maarnio/crypto-contest-march-7-walton
You are right. This coin has been featured before.
As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
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