Crypto Contest June 20: Kin
Kin (HitBTC: KINUSD) 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, KIN began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 19, and the red wave two (blue sub-waves a-b-c) correction ended on June 15. If this wave count is correct, KIN should be heading next towards the April 19 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Kin blockchain is built to scale for mass usage and supports an ecosystem-wide digital economy where app developers and mainstream consumers make millions of micro-transactions. You can read their latest monthly report here.
(Sources: https://www.kin.org/)
There is also a lawsuit against the company.
How Will Kin Trade?
Kin (HitBTC: KINUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
KIN will takeout the April 19 peak
KIN will drop below the March 13 low
KIN will stay in a trading range between the March 13 low and the April 19 peak until July 25
KIN will stay in a trading range between the March 13 low and the April 19 peak until July 25
KIN will takeout the April 19 peak
Correct. Upvoted your comment:
https://steemit.com/games/@colon2018/qdi55e
KIN will stay in a trading range between the March 13 low and the April 19 peak until July 25
KIN will takeout the April 19 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@sporttr/qd7l4h
Hello to all the contestants, its a new day to keep grinding and shining...
I love this contest blogs by @maarnio because they enlighten me on crypto-assets I never even engaged in and it delights me since I am sure that by that we are growing crypto adoption each and every day.
I will be tipping the winner of this contest with 1000 star tokens on the steem-engine.
@maarnio please drop the names of the winners under this comment and I will react accordingly.
All the best to all participants.
More giveaways and sponsorship coming your way.
Universal crypto tipper, donor & sponsor
Tony
$trdo
Here are the winners:
colon2018, sporttr, reklam, hn13, coruna, melire, faki, calg, bozdag
here are the tips to the winners plus a bonus for the contest holder
Thank you!
don't mention it bro. just trying to fulfill my word. a promise is a debt.
KIN will takeout the April 19 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@reklam/qd9ekl
KIN will stay in a trading range between the March 13 low and the April 19 peak until July 25
KIN will stay in a trading range between the March 13 low and the April 19 peak until July 25
KIN will takeout the April 19 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@hn13/qd7m5g
KIN will drop below the March 13 low