Crypto Contest October 27: Dash
Dash (DASHUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Dash began a wave one advance in January 2015. The red wave one finished in March 2015, and the red wave two correction ended in November 2015. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in December 2017, and the red wave four (blue sub-waves a-b-c) correction ended in August this year. If this wave count is correct, Dash should be heading next towards the December 2017 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the monthly chart, I believe Dash is currently in the red wave three (blue sub-wave v). The red wave three began in January 2015.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Dash markets itself as the digital cash of the cryptocurrency ecosystem. You can view the latest Dash AMA from yesterday below.
(Sources: https://www.dash.org/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Dash will takeout the September peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Dash will drop below the August low".
If you think Dash is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Dash will stay in a trading range between the August low and the September peak until December 1".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST October 30 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.
Dash will stay in a trading range between the August low and the September peak until December 1 (17 voters as of 3 PM EST October 30: bleujay, gregory-f, mellofello, abh12345, crokkon, skepticology, simonjay, toofasteddie, tzap90, starline, steem-d-anlovnit, jznsamuel, revelationquotes, costanza, galasek, koskl, richard78624).
Dash will drop below the August low (8 voters as of 3 PM EST October 30: sqlinsix, diana.feuerberg, vicspics, kunschj, ace108, mgood, mitrado, sporttr).
You won. Paid out from @maarnio1
Dash will takeout the September peak (7 voters as of 3 PM EST October 30: barbadosso, lydon.sipe, steemit.nemesis, diogosantos, reconnectnature, criptorafa, nzl19500).
I’m almost sure the market is going to have a short shake-out before going on the new bull run. Now this might happen just before SEC decided what to do with ETF application... Negative news will pop up , and soon after we’ll have a solution. Just enough time for the institutions to accumulate. Be aware that this market became just like any other; highly manipulative.
Wish you all a very strong grip.
I´m so confused right now, that I have been voting inconsistently on your contests. I expected BTC to start moving this month, but nothing really promising yet. So I don't know what to expect short term (1 month).
Hi @maarnio!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.875 which ranks you at #1258 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 236 contributions, your post is ranked at #130.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
I was checking out the Sept 14 DECRED contest and I did pick the winning answer. I did not receive anything for It. What did I do wrong. I am concerned because I have not been winning as much as I use to. I upvote within 24 hours of the post and usually always pick that it will stay in the range. I would appreciate it if you could let me know. Thanks.
Hi richard,
Please note the $0.01 min vote.
"If you think Decred is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Decred will stay in a trading range between the December 2017 low and the July 2018 peak until October 19"."
https://steemit.com/decred/@maarnio/crypto-contest-september-14-decred
Maarnio Hi.
I am at the min but I usually see and increase of 0.01 when I upvote. Do you no where I can see how much my upvote is worth on old post? Also on todays WABI post I was the first to upvote had a value of 0.01 is that what you see at this time. Thanks
I found the spot Steemworld.org where I can check on the value of my vote. I see it is now at you min required 0.01 so I should be able to participate in your contest as I increased my steam power recently.
I am using Steem Plus to check the min votes.
Marrnio
If the reason that I have not been included in the distributions is the $0.01 min vote then you need to know my voting has been at that rate or more for over 1 year now. I think I should have been included in the distributions. Let me know if you agree and would you look into correcting past contest.
@steem-plus
This is what I am using.