Crypto Contest January 14: Civic
Civic (CVCUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Civic began a wave one advance on November 12, 2017. The red wave one finished on November 20, 2017, and the red wave two correction ended on November 30, 2017. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on December 25, 2017, and the red wave four correction ended on December 30, 2017. If this wave count is correct, Civic should be heading next towards the December 25, 2017 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
One can see the blue sub-waves even better in the line chart without any overlapping.
(Chart courtesy of Tradingview.com (log scale))
Looking at the daily chart, I believe Civic is currently in the red wave three (blue sub-wave v).
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Civic is giving businesses and individuals the tools to control and protect identities. Here is the official introduction video of Civic.
(Sources: https://www.civic.com/ and YouTube)
If you think this analysis is correct, upvote this post and upvote the comment "Civic will takeout the December 25, 2017 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Civic will drop below the November 30, 2017 low".
If you think Civic is in a range, upvote this post and upvote the comment "Civic will stay in a trading range between the November 30, 2017 low and the December 25, 2017 peak until February 14".
You can upvote the comment until 3 PM EST January 15 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 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.
Civic will stay in a trading range between the November 30, 2017 low and the December 25, 2017 peak until February 14 (32 voters as of 3 PM EST January 15: helikopterben, freiheit50, jznsamuel, twinner, crokkon, misalen, ace108, dlina-v-metrah, flemingfarm, lucasgabd, catena, osmanbugra, toofasteddie, coolthings, skririm, elisablogs, criptorafa, ragnaros, freskil, mihail.tsvetkov, andy23, tzap90, chuggachu, askeb, heidelbaer, sallysmith, diogosantos, yefet, karadere, liberton, portillo, kanoe).
Civic will takeout the December 25, 2017 peak (45 voters as of 3 PM EST January 15: bleujay, bentleycapital, heroic15397, steemquestions, eirik, fitinfun, me-tarzan, simonjay, gregory-f, lydon.sipe, sanjay91422, dirty.hera, glennolua, ahinga, reconnectnature, mprgrmmr, mgood, j4y, miniature-tiger, migo25, themovieplace, me-do, carlosdaniel, lasper, digitalking, mirda, richard78624, cassidyandfranks, koskl, libert, deaconlee, incrediblesnow, what-is-life, pallosalama, cata22, deceth, barbadosso, si0l, margaritaradkova, edgarf1979, papakli, funcrypto, utkarshvarma, anjelik, ilovefashion).
Been waiting for this one!
My bet
Good bet.
Thank you for resteeming.
Civic will drop below the November 30, 2017 low (4 voters as of 3 PM EST January 15: sqlinsix, starline, gunsmithing, nordina).
You won.
your technical analysis is amazing man
I'm overwhelmed with your correct analysis about CIVIC. I'm waiting for your next post.
Thanks Noxon.
You don't need to wait any longer.
Civic launching rocket to $ 2.60
Excellent publiación friend, very interesting to see how so easily and with great skill explains the graphics, the video is very good and in my personal opinion I think that Civic will take the peak of December 25, 2017.
Thanks jorge.
Please remember to vote the right comment.
Brilliant analysis. I wish we could put some money on this, it would be like gambling on gambling.
Civic will stay in a trading range between the November 30, 2017 low and the December 25, 2017 peak until February 14
Thanks pv-p.
Please remember to vote the right comment.