Crypto Contest February 5: Metronome
Metronome (Bittrex: METUSD) 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, Metronome began a wave one advance on December 13, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 7 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 28. If this wave count is correct, Metronome should be heading next towards the January 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Metronome is focused on making greater decentralization possible and delivering institutional-class endurance. BlockWolf covered the token back in November 2018.
(Sources: Metronome and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Metronome will takeout the January 7 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Metronome will drop below the December 13, 2018 low".
If you think Metronome is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Metronome will stay in a trading range between the December 13, 2018 low and the January 7 peak until March 12".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST February 8 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.
Published by Maarnio
on
Metronome will takeout the January 7 peak (7 voters as of 3 PM EST February 8: bleujay, bentleycapital, steemit.nemesis, allyouneedtoknow, reconnectnature, ace108, jznsamuel).
You won. Paid out from @maarnio1
Metronome will drop below the December 13, 2018 low (7 voters as of 3 PM EST February 8: freiheit50, sqlinsix, diana.feuerberg, barbadosso, skepticology, vicspics, galasek).
Metronome will stay in a trading range between the December 13, 2018 low and the January 7 peak until March 12 (15 voters as of 3 PM EST February 8: gregory-f, mellofello, crokkon, bcarolan639, toofasteddie, soundmoney, kunschj, harryp3, anetchen, mitrado, steem-d-anlovnit, sbcbot, mgood, fullcoverbetting, richard78624).
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