Streamr (DATBTC) 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, Streamr began a wave one leading diagonal advance on November 3, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 3 this year, and the red wave two (blue sub-waves a-b-c) correction ended on August 15. If this wave count is correct, Streamr should be heading next towards the January 3 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Streamr is building a decentralized marketplace for real-time data, and tools that work seamlessly with it. You can view the latest AMA recorded on July 24 below.
(Sources: https://www.streamr.com/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Streamr will takeout the June 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Streamr will drop below the November 2017 low".
If you think Streamr is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Streamr will stay in a trading range between the November 2017 low and the June 2018 peak until September 23".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST August 22 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).
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Streamr will stay in a trading range between the November 2017 low and the June 2018 peak until September 23 (28 voters as of 3 PM EST August 22: bleujay, skepticology, bentleycapital, abh12345, soundmoney, simonjay, komischername, toofasteddie, mellofello, allyouneedtoknow, kunschj, misalen, steem-d-anlovnit, starline, barbadosso, koskl, reconnectnature, nicolaepavelean, themovieplace, chotho, techlife, diogosantos, mirda, punjolife, revelationquotes, portillo, rothberg, richard78624).
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You won. Paid out from @maarnio1
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Streamr will drop below the November 2017 low (20 voters as of 3 PM EST August 22: sqlinsix, gregory-f, novus-locus, me-tarzan, glennolua, vicspics, jznsamuel, milano1113, steemit.nemesis, tzap90, steemcollator, mike11, marverick984, amity123, dine77, mgood, mitrado, galasek, catchup, jozef230).
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Streamr will drop below the November 2017 low
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Streamr will takeout the June 2018 peak (7 voters as of 3 PM EST August 22: diana.feuerberg, lydon.sipe, freiheit50, ace108, pario, biomanu, fullcoverbetting).
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Unless the coin dies, the November low is too damn low... So I´m betting on Streamr to stay in trading range, since the markets are not yet ready to go up.
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That's my call too :D
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Exactly .D
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