Crypto Contest February 27: Edgeless

Edgeless (EDGUSD) 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, Edgeless began a wave one advance on October 24, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 22, 2017, and the red wave two (blue sub-waves a-b-c) correction ended on February 6 this year. If this wave count is correct, Edgeless should be heading next towards the December 22, 2017 peak in the red wave three.

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

Looking at the weekly chart, I believe Edgeless is currently in the red wave three (blue sub-wave iii). The red wave three began on October 24, 2017.

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

Funnymentals

Edgeless is an Ethereum smart contract-based Casino that offers a 0% house edge. Here is the roadmap for 2018.

(Sources: https://edgeless.io/ and Twitter)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Edgeless will takeout the December 22, 2017 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Edgeless will drop below the October 24, 2017 low".

If you think Edgeless is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Edgeless will stay in a trading range between the October 24, 2017 low and the December 22, 2017 peak until April 4".

You can upvote the comment until 3 PM EST March 2 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.