Cryptocurrencies

Crypto Contest February 14: Stealth

Stealth (Bittrex: XSTUSD) 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, Stealth began a wave one advance in November 2015. The red wave one finished in October 2016, and the red wave two correction ended in January 2017. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in January 2018, and the red wave four (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, Stealth should be heading next towards the January 2018 peak in the red wave five.

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

Zooming out in the monthly chart, I believe Stealth is currently in the red wave three (blue sub-wave v). The red wave three began in October 2016.

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

Funnymentals

Stealth plans to be the fastest cryptographically private digital currency possible. You can view the coin specs below.

(Sources: Stealth)

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

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

If you think Stealth is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “Stealth will stay in a trading range between the November 2018 low and the September 2018 peak until March 21”.

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

You can upvote the comment until 3 PM EST February 17 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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