Crypto Contest March 9: UnbreakableCoin

UnbreakableCoin (UNBUSD) 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, UnbreakableCoin began a wave one advance on November 12, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 26, 2017, and the red wave two (blue sub-waves a-b-c) correction ended on February 6. If this wave count is correct, UnbreakableCoin should be heading next towards the December 26, 2017 peak in the red wave three.

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

Looking at the weekly chart, I believe UnbreakableCoin is currently in the red wave three (blue sub-wave iii). The red wave three began on November 12, 2017.

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

Funnymentals

UnbreakableCoin was created in early 2014. Here are the most important specs:

DESIGNED DIRECTLY ON BITCOIN’S BULLET PROOF SHA256 UNBREAKABLE CODE

80 MILLION TOTAL COINS EXIST

SHA256d ALGO

ZERO % PRE-MINE

FINALLY A TRULLY EQUAL OPPORTUNITY TO EVERY CRYPTO MINER IN THE WORLD

BLOCK PAYOUTS = 50 COINS

AFTER BLOCK 800,000 COIN BLOCK PAYOUTS = 25 COINS

(Sources: http://www.unbreakablecoin.com/ and bitcointalk)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "UnbreakableCoin will takeout the December 26, 2017 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "UnbreakableCoin will drop below the November 12, 2017 low".

If you think UnbreakableCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "UnbreakableCoin will stay in a trading range between the November 12, 2017 low and the December 26, 2017 peak until April 14".

You can upvote the comment until 3 PM EST March 12 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.