Crypto Contest May 10: Seele

Seele (Huobi: SEELEBTC) 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, Seele began a wave one advance on February 20. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 21, and the red wave two (blue sub-waves a-b-c) correction ended on April 26. If this wave count is correct, Seele should be heading next towards the March 21 peak in the red wave three.

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

Funnymentals

Seele is a blockchain ecosystem project developing a multi-chain heterogeneous forest network. You can watch their official introduction video below.

(Sources: Seele and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.