Crypto Contest March 12: Groestlcoin
Groestlcoin (Bittrex: GRSUSD) has broken out of the wedge pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Groestlcoin began a wave one advance in August 2015. 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 February this year. If this wave count is correct, Groestlcoin should be heading next towards the December 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Groestlcoin is a fast and secure coin with almost zero fees, that is privacy oriented. KnockoutCrypto covered the latest news just few hours ago.
(Sources: Groestlcoin and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Groestlcoin 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) "Groestlcoin will drop below the February 2019 low".
If you think Groestlcoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Groestlcoin will stay in a trading range between the February 2019 low and the April 2018 peak until April 16".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST March 15 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
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Bonus 2
Upvote the right comment and the main post with at least $0.10 and you will get 3 x the winning prize.
Groestlcoin will stay in a trading range between the February 2019 low and the April 2018 peak until April 16 (13 voters as of 3 PM EST March 15: bleujay, bentleycapital, freiheit50, gregory-f, mellofello, abh12345, harryp3, steem-d-anlovnit, mitrado, jznsamuel, diogosantos, richard78624, simonjay).
You won. Paid out from @maarnio1
Groestlcoin will drop below the February 2019 low (5 voters as of 3 PM EST March 15: diana.feuerberg, barbadosso, skepticology, sporttr, mgood).
Groestlcoin will takeout the April 2018 peak (7 voters as of 3 PM EST March 15: steemit.nemesis, allyouneedtoknow, toofasteddie, kunschj, ace108, galasek, deceth).
Tiroler Gröstl
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