Cryptocurrencies

Crypto Contest April 8: WaykiChain

WaykiChain (Huobi: WICCETH) 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, WaykiChain began a wave one (blue sub-waves i-ii-iii-iv-v) advance in January 2018. The red wave one finished in May 2018, and the red wave two (blue sub-waves a-b-c) correction ended in August 2018. If this wave count is correct, WaykiChain should be heading next towards the May 2018 peak in the red wave three.

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

Funnymentals

WaykiChain decentralized betting application is the first smart contract application launched by WaykiChain team. You can watch the CEO speech below.

(Sources: WaykiChain and YouTube)

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

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) “WaykiChain will drop below the December 2018 low”.

If you think WaykiChain is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “WaykiChain will stay in a trading range between the December 2018 low and the May 2018 peak until May 13”.

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

You can upvote the comment until 3 PM EST April 11 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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