Crypto Contest June 19: Etherparty

Etherparty (FUELBTC) 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, Etherparty began a wave one advance on December 9, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 11 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 18. If this wave count is correct, Etherparty should be heading next towards the January 11 peak in the red wave three.

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

Funnymentals

Etherparty is a contract wizard that removes the complexity of creating, managing and executing smart contracts on any blockchain. Kevin Hobbs of Etherparty gave some more details earlier this month.

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

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Etherparty will takeout the January 11 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Etherparty will drop below the December 9, 2017 low".

If you think Etherparty is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Etherparty will stay in a trading range between the December 9, 2017 low and the January 11 peak until July 25".

You can upvote the comment until 3 PM EST June 22 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.