Cryptocurrencies

Crypto Contest April 6: Expanse

Expanse (Bittrex: EXPUSD) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Expanse began a wave one advance in December 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in March this year. If this wave count is correct, Expanse should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

Expanse is an ethereum like smart contract blockchain platform. SavageMine mined the coin in his show back in February (link).

(Sources: Expanse and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) “Expanse will takeout the October 2018 peak”.

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) “Expanse will drop below the March 2019 low”.

If you think Expanse is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “Expanse will stay in a trading range between the March 2019 low and the October 2018 peak until May 11”.

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

You can upvote the comment until 3 PM EST April 9 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) or one Steem Monsters (@steemmonsters) card 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.

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