Crypto Contest July 5: Matchpool

Matchpool (GUPBTC) 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, Guppy began a wave one advance on November 30, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 2 this year, and the red wave two (blue sub-waves a-b-c) correction ended on July 1. If this wave count is correct, Guppy should be heading next towards the January 2 peak in the red wave three.

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

Funnymentals

Matchpool uses Guppy tokens to incentivise matchmakers to correctly match members together. CoinKorea reviewed the token on April 3.

(Sources: https://www.matchpool.com/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Guppy will takeout the April 14 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Guppy will drop below the November 30, 2017 low".

If you think Guppy is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Guppy will stay in a trading range between the November 30, 2017 low and the April 14 peak until August 10".

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

You can upvote the comment until 3 PM EST July 8 and you can upvote only one comment. 50% of 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

I will be sending one Trophy Token (@trophy-token) 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.