Crypto Contest May 25: SingularityNET

SingularityNET (AGIUSD) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, SingularityNET began a wave one advance on April 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 30, and the red wave two (blue sub-waves a-b-c) correction ended on May 24. If this wave count is correct, SingularityNET should be heading next towards the April 30 peak in the red wave three.

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

Funnymentals

SingularityNET is the platform powering the decentralized AI economy. Decentro Media covered the coin earlier this year.

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

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "SingularityNET will takeout the April 30 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "SingularityNET will drop below the April 10 low".

If you think SingularityNET is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "SingularityNET will stay in a trading range between the April 10 low and the April 30 peak until June 30".

You can upvote the comment until 3 PM EST May 28 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.