Crypto Contest November 29: Burst

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Crypto Contest November 29: Burst

Burst (Bittrex: BURSTBTC) has broken out of the triangle pattern in the weekly chart.
nimet-n.png
(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, BURST began a wave one advance in November 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in June 2017, and the red wave two (blue sub-waves a-b-c) correction ended on November 26 this year. If this wave count is correct, BURST should be heading next towards the June 2017 peak in the red wave three.
nimet-n2.png
(Chart courtesy of Tradingview.com (log scale))

Funnymentals

With Burst and its Proof-of-Capacity algorithm, miners use free space on their hard drives to secure the network. You can watch their latest AMA below.

(Sources: https://www.burst-coin.org/)

How Will Burst Trade?

Burst (Bittrex: BURSTBTC) daily chart by Tradingview.
nimet-n3.png
(Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices.

  • BURST will takeout the September 23 peak
  • BURST will drop below the November 26 low
  • BURST will stay in a trading range between the November 26 low and the September 23 peak until January 4

Answer the question at dpoll.xyz.

dpoll poll dpoll contest steemleo palnet burst
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Voted for

  • BURST will takeout the September 23 peak
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Voted for

  • BURST will takeout the September 23 peak
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Voted for

  • BURST will stay in a trading range between the November 26 low and the September 23 peak until January 4

!BEER

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你好鸭，maarnio!

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巧克力蛋糕

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如果您对我的服务满意，请不要吝啬您的点赞～
@onepagex

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Voted for

  • BURST will takeout the September 23 peak
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BURST will takeout the September 23 peak

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Hi @maarnio!

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Voted for

  • BURST will drop below the November 26 low
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Hi, @maarnio!

You just got a 0.41% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

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Voted for

  • BURST will drop below the November 26 low
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Voted for

  • BURST will drop below the November 26 low
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Voted for

  • BURST will stay in a trading range between the November 26 low and the September 23 peak until January 4
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$rewarding 50

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The reward of this comment goes 100 % to the author koskl. This is done by setting the beneficiaries of this comment to 100 %.

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