Crypto Contest August 25: 2GIVE

2GIVE (2GIVEBTC) 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, 2GIVE began a wave one leading diagonal advance in May 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January this year, and the red wave two (blue sub-waves a-b-c) correction ended on August 14. If this wave count is correct, 2GIVE should be heading next towards the January peak in the red wave three.

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

Funnymentals

2GIVE is a blockchain based social tipping platform supporting charitable giving. 2GIVE is a hybrid cryptocurrency 5% POS / 1% POW.

(Sources: https://2give.info/)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "2GIVE will takeout the April 2018 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "2GIVE will drop below the November 2017 low".

If you think 2GIVE is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "2GIVE will stay in a trading range between the November 2017 low and the April 2018 peak until September 29".

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

You can upvote the comment until 3 PM EST August 28 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

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.