Crypto Contest June 13: CyberMiles
CyberMiles (CMTBTC) 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, CyberMiles began a wave one advance on March 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 29, and the red wave two (blue sub-waves a-b-c) correction ended on June 11. If this wave count is correct, CyberMiles should be heading next towards the May 29 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the daily chart, I believe CyberMiles is currently in the red wave three (blue sub-wave iii). The red wave three began on March 18.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
CyberMiles is a blockchain that aims to build a decentralized ecosystem for e-commerce. ICO REVIEW published a token review on May 23.
(Sources: https://www.cybermiles.io/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "CyberMiles will takeout the May 29 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "CyberMiles will drop below the March 18 low".
If you think CyberMiles is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "CyberMiles will stay in a trading range between the March 18 low and the May 29 peak until July 19".
You can upvote the comment until 3 PM EST June 16 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 (@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.
CyberMiles will stay in a trading range between the March 18 low and the May 29 peak until July 19 (34 voters as of 3 PM EST June 16: bleujay, skepticology, bentleycapital, soundmoney, abh12345, simonjay, komischername, jznsamuel, steemit.nemesis, flemingfarm, kunschj, costanza, reconnectnature, lucasgabd, cryptotem, themovieplace, toofasteddie, koskl, steem-d-anlovnit, rothberg, diogosantos, nicolaepavelean, galasek (did not vote main post), liberton, mirda, portillo, richard78624, lovetaxi005, karadere, askeb, ragnaros, stalexmkl, andy23, mitrado).
CyberMiles will drop below the March 18 low (12 voters as of 3 PM EST June 16: sqlinsix, gregory-f, glennolua, mgood, positivebalances, vicspics, revelationquotes, barbadosso, starline, milano1113, coolthings, photoquote).
CyberMiles will takeout the May 29 peak (8 voters as of 3 PM EST June 16: lydon.sipe, bxlphabet, crokkon, fitinfun, fullcoverbetting, sporttr (did not vote main post), nordina, cosminblaga).
CMT is quite unknown for me, so I´m only basing my prediction in the last events of the markets and a very fast look to the CMT/BTC graphs.
@maarnio - I won 7 in a row and left you a message in Steemit Chat. I have an acct set up on Bitshares.org but am not sure how to proceed from there. Pls check the Steemit Chat. Thanks.
You should now have the tokens.
Yes they are there. Thanks.