Crypto Contest March 17: Nuls

Nuls (NULSBTC) 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, Nuls began a wave one advance on December 12, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 10 this year, and the red wave two (blue sub-waves a-b-c) correction ended on February 6. If this wave count is correct, Nuls should be heading next towards the January 10 peak in the red wave three.

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

Funnymentals

Null is nothing, Nuls is anything you want in block chain world! Crypto Simplified made a good introduction video into the project on March 13.

(Sources: https://nuls.io/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Nuls will takeout the January 10 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Nuls will drop below the December 12, 2017 low".

If you think Nuls is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Nuls will stay in a trading range between the December 12, 2017 low and the January 10 peak until April 22".

You can upvote the comment until 3 PM EST March 20 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.