Crypto Contest December 15: Clams

Clams (Poloniex: CLAMBTC) 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, Clams began a wave one advance in October 2014. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in August 2015, and the red wave two (blue sub-waves a-b-c) correction ended in October this year. If this wave count is correct, Clams should be heading next towards the August 2015 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Clams is a Proof-of-Stake coin. Bluehorseshoe has made an introduction video to Clams below.

(Sources: https://clamcoin.org/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Clams will takeout the January peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Clams will drop below the October low".

If you think Clams is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Clams will stay in a trading range between the October low and the January peak until January 19, 2019".

(Chart courtesy of Tradingview.com (log scale))

You can upvote the comment until 3 PM EST December 18 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) 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.