Crypto Contest June 11: GameCredits

GameCredits (GAMEBTC) 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, GameCredits began a wave one advance on December 8, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 16 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 5. If this wave count is correct, GameCredits should be heading next towards the January 16 peak in the red wave three.

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

Looking at the weekly chart, I believe GameCredits is currently in the red wave three (blue sub-wave iii). The red wave three began on December 8, 2017.

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

Funnymentals

GameCredits is a universal currency and virtual wallet for 2.6 billion gamers worldwide. Decentralized TV featured the coin earlier this year

and here is the office.

(Sources: https://gamecredits.com/ and YouTube and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "GameCredits will takeout the January 16 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "GameCredits will drop below the December 8, 2017 low".

If you think GameCredits is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "GameCredits will stay in a trading range between the December 8, 2017 low and the January 16 peak until July 17".

You can upvote the comment until 3 PM EST June 14 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.