Crypto Contest November 10: YOYOW

YOYOW (YOYOETH) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, YOYOW began a wave one advance on August 14. The red wave one finished on August 22, and the red wave two correction ended on August 30. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on November 2, and the red wave four (blue sub-waves a-b-c) correction ended on November 6. If this wave count is correct, YOYOW should be heading next towards the November 2 peak in the red wave five.

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

Funnymentals

YOYOW is a blockchain-based social media platform. Crypto Coins published a project overview in December 2017.

(Sources: https://yoyow.org/en.html and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "YOYOW will takeout the November 2 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "YOYOW will drop below the August 30 low".

If you think YOYOW is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "YOYOW will stay in a trading range between the August 30 low and the November 2 peak until December 15".

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

You can upvote the comment until 3 PM EST November 13 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).

Bonus 1

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.

Bonus 2

Upvote the right comment and the main post with at least $0.10 and you will get 3 x the winning prize.