Cryptocurrencies

Crypto Contest March 4: GeoCoin

GeoCoin (Bittrex: GEOUSD) 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, GeoCoin began a wave one advance in August 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 February this year. If this wave count is correct, GeoCoin should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

You can collect GeoCoin just by going to a location on the surface of the earth. More details in the video below.

(Sources: GeoCoin and YouTube)

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

If you think GeoCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “GeoCoin will stay in a trading range between the February 2019 low and the October 2018 peak until April 8”.

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

You can upvote the comment until 3 PM EST March 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.

Related posts

Crypto Contest April 9: GridCoin

Markus Aarnio

Bitcoin Technical Analysis: PRICES SPIKE, BUT DON’T GET COMFORTABLE YET

Workin

AUGUR [REP]: Pay attention to this one as well

toofasteddie

Get involved!

Comments

No comments yet
Skip to toolbar