Crypto Contest January 23: Curecoin
Curecoin has broken the daily wedge pattern to the upside.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Curecoin began a five wave advance on January 20 in the one-hour chart. I believe Curecoin is currently in the wave five, which should takeout the January 22 peak.
(Chart courtesy of Tradingview.com)
Looking at the four-hour chart. Curecoin began a wave one advance on January 11. Waves one and two finished on January 20. I believe Curecoin is currently in the wave three.
(Chart courtesy of Tradingview.com)
In the daily chart, Curecoin began a wave one advance in December 2015. The wave one ended in September 2016, and the wave two correction finished on January 11. I believe Curecoin is currently in the wave three, which should takeout the September 2016 peak.
(Chart courtesy of Tradingview.com)
In the weekly chart, Curecoin started a wave one advance in November 2014. The wave one ended in June 2015, and the wave two correction finished in December 2015. I believe Curecoin is currently in the wave three (sub-wave iii).
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Curecoin.
If you think this analysis is correct, upvote this post and upvote the comment "Curecoin will takeout the October 20, 2016 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Curecoin will drop below the January 11 low".
If you think Curecoin is in a range, upvote this post and upvote the comment "Curecoin will stay in a trading range between the January 11 low and the October 20, 2016 peak until February 20".
You can upvote the comment until 3 PM EST January 24 and you can upvote only one comment. 200% of Steem (2 X 0.196 STEEM) from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
Curecoin will takeout the October 20, 2016 peak (19 voters as of 3 PM EST January 24: otisbrown, bleujay, daveks, nextgen622, majes, bkkshadow, bidnat, digit, idnit, jdbry, idnit1, idnit9, jahtech, grildrig, mrfoot, steemradio, legends, angels, tamersameeh).
Take out peak
Curecoin will drop below the January 11 low (1 voter as of 3 PM EST January 24: me-tarzam).
Curecoin will stay in a trading range between the January 11 low and the October 20, 2016 peak until February 20 (5 voters as of 3 PM EST January 24: spinbunny, yefet, landofcrypto, anotherjoe, soundmoney).
You won.
great, loving the comps!
Thanks soundmoney.
This post has been ranked within the top 80 most undervalued posts in the second half of Jan 23. We estimate that this post is undervalued by $6.54 as compared to a scenario in which every voter had an equal say.
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This post has been ranked within the top 50 most undervalued posts in the first half of Jan 23. We estimate that this post is undervalued by $3.71 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jan 23 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.