Crypto Contest December 9: Holo

Holo (Binance: HOTETH) 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, Holo began a wave one advance on August 1. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 9, and the red wave two (blue sub-waves a-b-c) correction ended on November 20. If this wave count is correct, Holo should be heading next towards the September 9 peak in the red wave three.

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

Funnymentals

Holochain is creating an ecosystem of decentralized applications with distributed, user-controlled storage. You can watch their latest AMA below.

(Sources: https://holochain.org/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Holo will takeout the September 9 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Holo will drop below the August 1 low".

If you think Holo is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Holo will stay in a trading range between the August 1 low and the September 9 peak until January 13, 2019".

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

You can upvote the comment until 3 PM EST December 12 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.