Crypto Contest April 14: Augur
Augur (REPUSDT) 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, Augur began a wave one advance on November 2, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 11 this year, and the red wave two (blue sub-waves a-b-c) correction ended on April 1. If this wave count is correct, Augur should be heading next towards the January 11 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Looking at the weekly chart, I believe Augur is currently in the red three (blue sub-wave iii). The red wave three began on November 2, 2017.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Augur is an open-source, decentralized, peer-to-peer oracle and prediction market platform built on the Ethereum blockchain. Decentralized TV featured Augur on February 7.
(Sources: http://www.augur.net/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Augur will takeout the January 11 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Augur will drop below the November 2, 2017 low".
If you think Augur is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Augur will stay in a trading range between the November 2, 2017 low and the January 11 peak until May 20".
You can upvote the comment until 3 PM EST April 17 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.
Augur will takeout the January 11 peak (21 voters as of 3 PM EST April 17: bleujay, lydon.sipe, bentleycapital, ace108, misalen, fitinfun, bxlphabet, reconnectnature, jznsamuel, koskl, me-do, abhicrypto, carlosdaniel, karadere, nordina, portillo, libert, criptorafa, cosminblaga, stalexmkl, beiker).
Augur will stay in a trading range between the November 2, 2017 low and the January 11 peak until May 20 (46 voters as of 3 PM EST April 17: gregory-f, heroic15397, glennolua, simonjay, allyouneedtoknow, crokkon, flemingfarm, steemit.nemesis, positivebalances, mgood, rothberg, komischername, toofasteddie, ahinga, themovieplace, starline, diogosantos, mirda, cryptotem, galasek, nicolaepavelean, costanza, coolthings, richard78624, tzap90, cmoljoe, mihail.tsvetkov, mike11, amity123, harryp3, ragnaros, margaritaradkova, helex, andy23, poti, alexandrya92, neo-wiza, marverick984, emma28, elisablogs, punjolife, biyanoor, pario, biomanu, chotho, techlife).
You won.
Hi @maarnio - Thanks for the recent wins! Your charts did good finally. I read your analysis post and what people need to understand is the concept of karma.
I'm here to ask you to support my son and I in another contest for qurator.
Can you please go to this post I'm linking and NOT vote for
@bxlphabet
@fitinfun
And then please DO vote for any of the other contestant comments.
This is a non-popularity contest and my son and I want to lose.
The best of the other comments to vote for are those at the bottom besides us. It's the number of votes - not the value - that counts. Only qurator peeps can vote. The two losers with the least votes are really the winners.
You are also eligible for this contest. If you enter – I promise we will not vote for you either :)
My strategy will be to go vote for all of my rivals over time and then bug my friends to do the same each week. This type of lobbying is not frowned upon in the contest, but let me know if you do not want reminders.
It looks like qurator contests are going to be a thing now. They have good ones!
Qurator's Toss Up Thursday #7 - Free-for-all promotion competition
You are welcome Sharon.
Augur will drop below the November 2, 2017 low (6 voters as of 3 PM EST April 17: sqlinsix, skepticology, revelationquotes, dlina-v-metrah, barbadosso, photo-moment).
It's in no-man's land right now.