Tag: blockchain

Acute Angle Cloud (Huobi: AACBTC) 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, AAC began a wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 8, and the red wave two (blue sub-waves a-b-c) correction ended on July 11. If this wave count is correct, AAC should be heading next towards the April 8 peak in the red wave three.

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

Funnymentals

The Acute Angle Cloud aims to build a globally distributed IaaS service platform. You can watch their promo video below.

(Sources: Acute Angle Cloud and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

Elrond (Binance: ERDUSDT) 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, Elrond began a wave one advance on July 4. The red wave one finished on July 4, and the red wave two correction ended on July 11. If this wave count is correct, Elrond should be heading next towards the July 4 peak in the red wave three.

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

Funnymentals

Elrond is a scalable value transfer protocol for the digital economy. You can watch their introduction video below.

(Sources: Elrond and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

Ren (Binance: RENBTC) 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, Ren began a wave one advance on May 13. The red wave one finished on June 10, and the red wave two correction ended on June 16. The red wave three advance finished on July 2, and the red wave four correction ended on July 9. If this wave count is correct, Ren should be heading next towards the July 2 peak in the red wave five.

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

Funnymentals

Ren is an open protocol that enables the permissionless and private transfer of value between any blockchain. You can read the most recent interview with Ren co-founder Loong Wang here.

(Sources: Ren and Defiprime)

How can I vote? Where is the contest?

You can vote by following this link.

Ankr Network (Bithumb: ANKRKRW) 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, Ankr began a wave one advance on May 17. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 11, and the red wave two (blue sub-waves a-b-c) correction ended on June 27. If this wave count is correct, Ankr should be heading next towards the June 11 peak in the red wave three.

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

Funnymentals

Ankr Network is a distributed cloud computing platform. You can watch their intro video below.

(Sources: Ankr Network and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

Fantom (Binance: FTMUSDT) 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, Fantom began a wave one advance on June 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 3, and the red wave two (blue sub-waves a-b-c) correction ended on July 8. If this wave count is correct, Fantom should be heading next towards the July 3 peak in the red wave three.

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

Funnymentals

Fantom is the nervous system for smart cities. You can find the CEO presentation below.

(Sources: Fantom and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

ZB (Bitfinex: ZBTUSD) 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, ZB began a wave one advance on June 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 30, and the red wave two (blue sub-waves a-b-c) correction ended on July 2. If this wave count is correct, ZB should be heading next towards the June 30 peak in the red wave three.

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

Funnymentals

ZB.com provides trading service for blockchain asset such as Bitcoin, Ethereum and Litecoin to the customers around the world. FX Empire reviewed the platform last year.

(Sources: ZB and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

GXChain (Binance: GXSBTC) 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, GXS began a wave one advance on May 30. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 10, and the red wave two (blue sub-waves a-b-c) correction ended on June 27. If this wave count is correct, GXS should be heading next towards the June 10 peak in the red wave three.

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

Funnymentals

GXChain is a fundamental blockchain for the global data economy, designed to build a trusted data internet of value. You can view their intro video below.

(Sources: GXChain and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

Digitex Futures (HitBTC: DGTXBTC) 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, DGTX began a wave one advance on June 2. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 17, and the red wave two (blue sub-waves a-b-c) correction ended on June 26. If this wave count is correct, DGTX should be heading next towards the June 17 peak in the red wave three.

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

Funnymentals

Digitex Futures is a zero-fee, non-custodial futures exchange with its own base currency, the DGTX token. You can watch their promo video below.

(Sources: Digitex Futures and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

In this report I will look how my analysis worked for the month of May 2019. There were 31 contests in May. I have already paid out / upvoted all of them. The analysis was correct seven times, wrong seven times and the cryptocurrency was in a range 17 times.

The correct ones were the following:

1. Crypto Contest May 3: Arcblock
2. Crypto Contest May 12: Cosmos
3. Crypto Contest May 18: Pundi X
4. Crypto Contest May 22: Everipedia
5. Crypto Contest May 25: U Network
6. Crypto Contest May 28: SaluS
7. Crypto Contest May 29: Themis

In these contests the range option won:

1. Crypto Contest May 1: Litex
2. Crypto Contest May 2: Lambda
3. Crypto Contest May 6: COVA
4. Crypto Contest May 7: Status Report XXVIII
5. Crypto Contest May 8: DeepBrain Chain
6. Crypto Contest May 9: QunQun
7. Crypto Contest May 10: Seele
8. Crypto Contest May 11: Wollo
9. Crypto Contest May 13: MediShares
10. Crypto Contest May 14: Ruff
11. Crypto Contest May 15: IOTA
12. Crypto Contest May 16: Elastos
13. Crypto Contest May 19: Newton
14. Crypto Contest May 21: SunContract
15. Crypto Contest May 24: Bibox Token
16. Crypto Contest May 26: Celer Network
17. Crypto Contest May 27: Content Neutrality Network

In these contests the analysis was wrong:

1. Crypto Contest May 4: Cred
2. Crypto Contest May 5: Presearch
3. Crypto Contest May 17: Time New Bank
4. Crypto Contest May 20: Tripio
5. Crypto Contest May 23: Blockparty
6. Crypto Contest May 30: FairGame
7. Crypto Contest May 31: EduCoin

How did the previous months’ analysis go?

From April 1, 2017 to May 31, 2019, the analysis has been correct 164 times, wrong 159 times, and the cryptocurrency has been in a range 432 times.

How did the voters do in May 2019?

The voters (the most qualified votes (group or consensus)) were right 18 out of 31 times. So one could say that the crowd was right 58% of time.

Here is the list of contests that the most qualified votes (crowd) won:

1. Crypto Contest May 1: Litex
2. Crypto Contest May 2: Lambda
3. Crypto Contest May 6: COVA
4. Crypto Contest May 7: Status Report XXVIII
5. Crypto Contest May 8: DeepBrain Chain
6. Crypto Contest May 9: QunQun
7. Crypto Contest May 10: Seele
8. Crypto Contest May 11: Wollo
9. Crypto Contest May 13: MediShares
10. Crypto Contest May 14: Ruff
11. Crypto Contest May 15: IOTA
12. Crypto Contest May 16: Elastos
13. Crypto Contest May 19: Newton
14. Crypto Contest May 21: SunContract
15. Crypto Contest May 24: Bibox Token
16. Crypto Contest May 26: Celer Network
17. Crypto Contest May 27: Content Neutrality Network
18. Crypto Contest May 30: FairGame

How did the voters do earlier?

Here is a table of crowd’s accuracy since February 2018.

May was the second worst month for this year so far.

Conclusion

Congratulations to the winners!

How can I vote? Where is the contest?

You can vote by following this link.