Crypto Contest March 26: Davinci Coin
Davinci Coin (Huobi: DACBTC) 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, Davinci Coin began a wave one advance on October 17, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 20, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 29 this year. If this wave count is correct, Davinci Coin should be heading next towards the November 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The Davinci Project was initiated to promote exchanges between Korean and Chinese people through the blockchain technology of Korea. You can view their road map below.
(Sources: Davinci and Road Map)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Davinci Coin will takeout the November 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Davinci Coin will drop below the October 2018 low".
If you think Davinci Coin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Davinci Coin will stay in a trading range between the October 2018 low and the November 2018 peak until April 30".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST March 29 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.
Davinci Coin will stay in a trading range between the October 2018 low and the November 2018 peak until April 30 (17 voters as of 3 PM EST March 29: bleujay, bentleycapital, gregory-f, mellofello, abh12345, toofasteddie, allyouneedtoknow, soundmoney, vicspics, reconnectnature, kunschj, steem-d-anlovnit, diogosantos, fullcoverbetting, mitrado, jznsamuel, simonjay).
You won. Paid out from @maarnio1
Davinci Coin will takeout the November 2018 peak (5 voters as of 3 PM EST March 29: bitbrain, ace108, lydon.sipe, galasek, mgood).
Davinci Coin will drop below the October 2018 low (2 voters as of 3 PM EST March 29: barbadosso, sporttr).
Is this a "new generation" of coins?
I love the series Da Vinci Demons, but I had no idea that his name would be associated with a digital coin.
This is clearly the next generation..
Ye! :D
That´s what I thought, I need to make a "re-research" of coins, so I can start learning about this "new generation".
Hi, @maarnio!
You just got a 0.39% 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.
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 #1309 across all Steem accounts.
Your rank has dropped 2 places in the last three days (old rank 1307).
In our last Algorithmic Curation Round, consisting of 434 contributions, your post is ranked at #131.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server