Crypto Contest April 25: Storm

Storm (STORMETH) 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, Storm began a wave one advance on March 16. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 23, and the red wave two (blue sub-waves a-b-c) correction ended on April 13. If this wave count is correct, Storm should be heading next towards the March 23 peak in the red wave three.

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

Funnymentals

Storm provides gamified micro-tasks. Cryptolite published a coin review earlier this month.

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

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Storm will takeout the March 23 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Storm will drop below the March 16 low".

If you think Storm is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Storm will stay in a trading range between the March 16 low and the March 23 peak until May 31".

You can upvote the comment until 3 PM EST April 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.