SingularDTV (Binance: SNGLSBTC) has broken out of the wedge pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, SingularDTV began a wave one advance on September 12. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 16, and the red wave two (blue sub-waves a-b-c) correction ended on November 25. If this wave count is correct, SingularDTV should be heading next towards the September 16 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
SingularDTV is building a blockchain entertainment ecosystem with the creator in mind. You can view their presentation at Ethereal Summit NY 2018 below.
(Sources: https://singulardtv.com/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "SingularDTV will takeout the September 16 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "SingularDTV will drop below the September 12 low".
If you think SingularDTV is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "SingularDTV will stay in a trading range between the September 12 low and the September 16 peak until January 2, 2019".
(Chart courtesy of Tradingview.com (log scale))
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SingularDTV will stay in a trading range between the September 12 low and the September 16 peak until January 2, 2019 (10 voters as of 3 PM EST December 1: bleujay, diana.feuerberg, mellofello, crokkon, steem-d-anlovnit, jznsamuel, reconnectnature, kunschj, diogosantos, starline).
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SingularDTV will drop below the September 12 low (8 voters as of 3 PM EST December 1: sqlinsix, allyouneedtoknow, freiheit50, barbadosso, skepticology, vicspics, ace108, galasek).
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You won. Paid out from @maarnio1
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SingularDTV will takeout the September 16 peak (7 voters as of 3 PM EST December 1: steemquestions, gregory-f, novus-locus, steemit.nemesis, lydon.sipe, fullcoverbetting, sporttr).
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To me their explanation of what the project actually is, was way too complex, even for experts (which I´m not).
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Did you watch the video?
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Half of it, then I got too confused to keep going...
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It is good for the artist I think that is the main point.
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Ok, that can justify part of why I didn't understand it very well, I´am not very artistic ;D
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up vote and resteemed
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Thank you very much.
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Congratulations @maarnio! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
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STOPTo support your work, I also upvoted your post!
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Hi, @maarnio!
You just got a 0.88% upvote from SteemPlus!
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Hi @maarnio!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.864 which ranks you at #1252 across all Steem accounts.
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