Crypto Contest June 29: Stealth

Stealth (XSTBTC) 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, Stealth began a wave one advance in January 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 4 this year, and the red wave two correction ended on April 2. If this wave count is correct, Stealth should be heading next towards the January 4 peak in the red wave three.

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

Looking at the monthly chart, I believe Stealth is currently in the red wave three (blue sub-wave iii). The red wave three began in January 2017.

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

Funnymentals

Stealth is a Proof-of-Stake (PoS) coin combined with TOR. World cryptocurrency reviewed the coin last month.

(Sources: https://stealth.org/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Stealth will takeout the May 3 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Stealth will drop below the December 11, 2017 low".

If you think Stealth is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Stealth will stay in a trading range between the December 11, 2017 low and the May 3 peak until August 4".

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

You can upvote the comment until 3 PM EST July 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.