Cryptocurrencies

Crypto Contest February 4: Metaverse ETP

Metaverse (Bitfinex: ETPBTC) 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, ETP began a wave one advance on March 18, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 14, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 28 this year. If this wave count is correct, ETP should be heading next towards the October 14, 2018 peak in the red wave three.

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

Funnymentals

Metaverse is a decentralised open platform of smart properties and digital identities. The Next Big Thing explained the coin in November 2018.

(Sources: Metaverse and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) “ETP will takeout the November 26, 2018 peak”.

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) “ETP will drop below the January 28 low”.

If you think ETP is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “ETP will stay in a trading range between the January 28 low and the November 26, 2018 peak until March 11”.

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

You can upvote the comment until 3 PM EST February 7 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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