Crypto Contest February 17: Storj
Storj (Bittrex: STORJUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Storj began a wave one advance in July 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Storj should be heading next towards the December 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Storj aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Crypto Beadles interviewed the CTO earlier this month.
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Storj will takeout the April 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Storj will drop below the December 2018 low".
If you think Storj is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Storj will stay in a trading range between the December 2018 low and the April 2018 peak until March 24".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST February 20 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) or one Steem Monsters (@steemmonsters) card 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.
Storj will drop below the December 2018 low (8 voters as of 3 PM EST February 20: bleujay, sqlinsix, barbadosso, skepticology, vicspics, lydon.sipe, mitrado, galasek).
Storj will stay in a trading range between the December 2018 low and the April 2018 peak until March 24 (17 voters as of 3 PM EST February 20: diana.feuerberg, gregory-f, mellofello, toofasteddie, crokkon, allyouneedtoknow, soundmoney, kunschj, harryp3, steem-d-anlovnit, erikaflynn, fullcoverbetting, mgood, simonjay, utkarshvarma, richard78624, diogosantos).
You won. Paid out from @maarnio1
Storj will takeout the April 2018 peak (4 voters as of 3 PM EST February 20: steemit.nemesis, reconnectnature, ace108, sporttr).
Hi @maarnio!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.862 which ranks you at #1290 across all Steem accounts.
Your rank has dropped 3 places in the last three days (old rank 1287).
In our last Algorithmic Curation Round, consisting of 216 contributions, your post is ranked at #179.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Hi, @maarnio!
You just got a 0.45% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
Congratulations @maarnio! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard: