Crypto Contest June 30: Po.et

Po.et (POEBTC) 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, Po.et began a wave one advance on December 8, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 5 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 24. If this wave count is correct, Po.et should be heading next towards the January 5 peak in the red wave three.

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

Funnymentals

Po.et is a decentralized protocol for content ownership, discovery, and monetization in media. Altcoin Daily reviewed the token earlier this month.

(Sources: https://www.po.et/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Po.et 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) "Po.et will drop below the December 8, 2017 low".

If you think Po.et is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Po.et will stay in a trading range between the December 8, 2017 low and the May 3 peak until August 5".

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

You can upvote the comment until 3 PM EST July 3 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.