Unikoin Gold (Bittrex: UKGBTC) 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, Unikoin Gold began a wave one advance on October 15, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 6, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 1 this year. If this wave count is correct, Unikoin Gold should be heading next towards the November 6, 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Unikoin Gold is a decentralized esports betting token. Crypto Cowboys interviewed the CEO back in October 2018.
(Sources: Unikoin Gold and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Unikoin Gold will takeout the November 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Unikoin Gold will drop below the October 2018 low".
If you think Unikoin Gold is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Unikoin Gold will stay in a trading range between the October 2018 low and the November 2018 peak until February 17".
(Chart courtesy of Tradingview.com (log scale))
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Published by Maarnio
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Unikoin Gold will drop below the October 2018 low (10 voters as of 3 PM EST January 16: bleujay, diana.feuerberg, sqlinsix, bentleycapital, skepticology, barbadosso, reconnectnature, vicspics, novus-locus, toofasteddie).
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Unikoin Gold will stay in a trading range between the October 2018 low and the November 2018 peak until February 17 (11 voters as of 3 PM EST January 16: mellofello, abh12345, allyouneedtoknow, kunschj, ace108, steem-d-anlovnit, jznsamuel, mgood, utkarshvarma, harryp3, richard78624).
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You won. Paid out from @maarnio1
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Unikoin Gold will takeout the November 2018 peak (4 voters as of 3 PM EST January 16: freiheit50, steemit.nemesis, lydon.sipe, galasek).
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I will not participate, because I do not have the power to vote. But anyway, I think it's likely to go up. But when the EMA 4 has been able to overcome the EMA 18 and is close to passing the EMA 40. (The last time that the EMA in the short term, exceeded considerably the EMAS in the medium and long term, was in October.)
Also adding another triangle, with the top line, from the maximum of October 23, which passes by the maximum of December 8 and two days ago. Give a vertice that we can earn in a few days. I trust more in this triangle, since it gives us the necessary time, for the MACD to confirm the rise.
Regards!
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To be honest never heard about Unikoin Gold, so I'm just going for the standard prediction at this point.
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Hi @maarnio!
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