Crypto Contest November 17: MobileGo
MobileGo (HitBTC: MGOBTC) 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, MobileGo began a wave one advance on September 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 25, and the red wave two (blue sub-waves a-b-c) correction ended on November 15. If this wave count is correct, MobileGo should be heading next towards the October 25 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
MobileGo is a dedicated token to bring eSports to everyone. Donnyboy8 covered the token three weeks ago.
(Sources: https://www.mobilego.io/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "MobileGo will takeout the October 25 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "MobileGo will drop below the September 4 low".
If you think MobileGo is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "MobileGo will stay in a trading range between the September 4 low and the October 25 peak until December 22".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST November 20 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).
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Bonus 2
Upvote the right comment and the main post with at least $0.10 and you will get 3 x the winning prize.
MobileGo will stay in a trading range between the September 4 low and the October 25 peak until December 22 (15 voters as of 3 PM EST November 20: ace108, bleujay, bentleycapital, allyouneedtoknow, gregory-f, soundmoney, crokkon, toofasteddie, jlordc, jznsamuel, simonjay, steem-d-anlovnit, kunschj, sporttr, reconnectnature).
MobileGo will drop below the September 4 low (7 voters as of 3 PM EST November 20: sqlinsix, barbadosso, skepticology, vicspics, tzap90, galasek, diogosantos).
MobileGo will takeout the October 25 peak (2 voters as of 3 PM EST November 20: lydon.sipe, steemit.nemesis).
MobileGo will takeout the October 25 peak.
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