Crypto Contest February 27: Komodo

Komodo (Bittrex: KMDBTC) 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, Komodo began a wave one advance in March 2017. 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 in November 2018. If this wave count is correct, Komodo should be heading next towards the June 2017 peak in the red wave three.

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

Funnymentals

Komodo provides multi-chain blockchain technology solutions. BlockWolf reviewed the platform in December 2018.

(Sources: Komodo and YouTube)

If you think

Crypto Contest February 26: Quant

Quant (Bittrex: QNTBTC) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Quant began a wave one advance on January 30. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 14, and the red wave two (blue sub-waves a-b-c) correction ended on February 24. If this wave count is correct, Quant should be heading next towards the February 14 peak in the red wave three.

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

Funnymentals

Quant Network is connecting the world’s networks to blockchain with just three lines of code. You can watch

Bitcoin Technical Analysis: Continuation of the Bear Market or Bear Trap?

Yesterday Bitcoin tried breaking above the $4,120 resistance on Coinbase. While price was able to briefly wick above, it was unable to decisively penetrate. The bears quickly pushed it back below $4,000. Even though we watched price drop nearly $400 in 4 hours, volume remains relatively strong in comparison to just 2 weeks ago. In…
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Crypto Contest February 25: Enjin Coin

Enjin Coin (Binance: ENJBTC) 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, Enjin Coin began a wave one advance in November 2017. 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 August 2018. If this wave count is correct, Enjin Coin should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

Enjin Coin is a deflationary token and resource that can be used by developers, entrepreneurs,

Crypto Contest February 24: IHT Real Estate Protocol

IHT Real Estate Protocol (Bittrex: IHTBTC) 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, I-House Token began a wave one advance on December 20, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 14 this year, and the red wave two (blue sub-waves a-b-c) correction ended on February 20. If this wave count is correct, I-House Token should be heading next towards the January 14 peak in the red wave three.

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

Funnymentals

IHT is a smart contract technology and distributed accounting technology developed for the

Crypto Contest February 23: Tezos

Tezos (Bitfinex: XTZUSD) 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, Tezos began a wave one advance on December 7, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 24, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on February 6 this year. If this wave count is correct, Tezos should be heading next towards the December 24, 2018 peak in the red wave three.

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

Funnymentals

Tezos is a multi-purpose platform that supports dApps and smart contracts. The Crypto

Crypto Contest February 22: Ubiq

Ubiq (Bittrex: UBQBTC) has broken out of the wedge pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Ubiq began a wave one advance in March 2017. 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 this month. If this wave count is correct, Ubiq should be heading next towards the June 2017 peak in the red wave three.

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

Funnymentals

Ubiq is built upon an improved version of the Ethereum codebase, putting stability at its core. Crypto Academy reviewed

Bitcoin and EOS Analysis: QUICK UPDATE

Bitcoin has been unable to break above the $4,000 resistance (Coinbase). Volume ’s dropped off slightly, which was expected. Price is currently trading round $3,900. it looks like we may see one more attempt to breach $4,000. If that fails, I’m expecting a drop back at least $3,800. EOS has been impressive these past few…
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Veni, vidi, vici

I was going to use a chart for this, but then I thought: “what for?”

We all know the recent antics of BTC: It took off a little under a week ago and generated an unusually high amount of interest.

Volume shot up and “bull market” comments flooded the social media platforms. BTC succeeded in clawing its way back to global financial relevance. In short: it conquered.

But every empire falls.

So as not to push this analogy too far, I’ll forego the Roman references from this point onward.

The volume rise was unprecedented and I for one was not expecting to see BTC

Crypto Contest February 21: Qtum

Qtum (Bittrex: QTUMUSD) 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, Qtum began a wave one advance on December 7, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 24, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on February 6 this year. If this wave count is correct, Qtum should be heading next towards the December 24, 2018 peak in the red wave three.

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

Funnymentals

Qtum is a decentralized blockchain application platform capable of running smart contracts on