Crypto Contest October 30: FoldingCoin

in foldingcoin •  6 months ago

FoldingCoin (FLDCUSD) has broken out of the triangle pattern in the weekly chart.
nimetön.png

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

Elliott Wave Analysis

In Elliott Wave terms, FoldingCoin began a wave one advance in January 2016. The red wave one finished in March 2016, and the red wave two correction ended in May 2016. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in January this year, and the red wave four (blue sub-waves a-b-c) correction ended in September. If this wave count is correct, FoldingCoin should be heading next towards the January peak in the red wave five.
nimetön2.png

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

Funnymentals

With FoldingCoin you can help Stanford University's Folding@home with your extra computing power and earn tokens for work completed. You can view FoldingCoin's October public meeting below.

(Sources: https://www.foldingcoin.net/ and YouTube)
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If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "FoldingCoin will takeout the July peak".

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

If you think FoldingCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "FoldingCoin will stay in a trading range between the September low and the July peak until December 4".
nimetön3.png

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

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FoldingCoin will drop below the September low (16 voters as of 3 PM EST November 2: bleujay, sqlinsix, bentleycapital, barbadosso, vicspics, ace108, simonjay, jznsamuel, steemit.nemesis, cryptotem, galasek, mgood, mitrado, themovieplace, fullcoverbetting, coolthings).

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FoldingCoin will drop below the September low

Posted using Partiko iOS

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You won. Paid out from @maarnio1

FoldingCoin will stay in a trading range between the September low and the July peak until December 4 (20 voters as of 3 PM EST November 2: gregory-f, mellofello, freiheit50, abh12345, skepticology, tzap90, kunschj, dlina-v-metrah, steem-d-anlovnit, starline, reconnectnature, revelationquotes, toofasteddie, costanza, lucasgabd, dine77, mirda, criptorafa, nzl19500, richard78624).

FoldingCoin will takeout the July peak (6 voters as of 3 PM EST November 2: steemquestions, diana.feuerberg, lydon.sipe, anetchen, diogosantos, sporttr).

resteemed👆

Posted using Partiko Android

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Thank you for resteeming.

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your welcom

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