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Crypto Contest June 12: Ethereum Classic by maarnio

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· @maarnio · (edited)
$10.17
Crypto Contest June 12: Ethereum Classic
Ethereum Classic (ETCETH) has broken out of the triangle pattern in the daily chart.
![nimetรถn.png](https://ipfs.busy.org/ipfs/QmUwo6JYiCjxhcuMJaZK8wi5MKxxYQgt8GgCfYFhE8dVZE)

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

**Elliott Wave Analysis**

In Elliott Wave terms, Ethereum Classic began a wave one advance on February 1. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 20, and the red wave two (blue sub-waves a-b-c) correction ended on June 10. If this wave count is correct, Ethereum Classic should be heading next towards the February 20 peak in the red wave three.
![nimetรถn2.png](https://ipfs.busy.org/ipfs/QmfXPeK9ZvZVU6WM1YdDWyDecQ7dqP2yur17vBKoH4rF4o)

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

**Funnymentals**

Coinbase just announced they will add Ethereum Classic.

https://www.youtube.com/watch?v=2faTkXeNCWU

(*Sources: https://ethereumclassic.org/ and [YouTube](https://youtu.be/2faTkXeNCWU) and [Medium](https://blog.coinbase.com/adding-ethereum-classic-support-to-coinbase-becb9a337e9c)*)
![steemverify.png](https://ipfs.busy.org/ipfs/QmdAfzq4zLE9mrf92TnPADBptzixPXcJ68h8piptCZoCed)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Ethereum Classic will takeout the February 20 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Ethereum Classic will drop below the February 1 low".

If you think Ethereum Classic is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Ethereum Classic will stay in a trading range between the February 1 low and the February 20 peak until July 18".

You can upvote the comment until 3 PM EST June 15 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.
๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 86 others
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vote details (150)
@diogosantos ·
$0.05
This 2 coins aren't the same but their evolution is... so I donยดt think it is possible for ETH classic to beat ETH, neither go down.
๐Ÿ‘  
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vote details (1)
@maarnio · (edited)
$0.40
Ethereum Classic will takeout the February 20 peak (15 voters as of 3 PM EST June 15: lydon.sipe, freiheit50, ace108, crokkon, vicspics, bxlphabet, fitinfun, kunschj, reconnectnature, barbadosso, marverick984, askeb, photoquote, stalexmkl, cosminblaga).
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vote details (20)
@maarnio · (edited)
$0.65
Ethereum Classic will drop below the February 1 low (11 voters as of 3 PM EST June 15: sqlinsix, gregory-f, skepticology, mgood, jznsamuel, steemit.nemesis, jlordc, themovieplace, milano1113, nordina, punjolife).
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vote details (13)
@maarnio · (edited)
$1.80
Ethereum Classic will stay in a trading range between the February 1 low and the February 20 peak until July 18 (42 voters as of 3 PM EST June 15: bleujay, bentleycapital, glennolua, soundmoney, simonjay, komischername, allyouneedtoknow, abh12345, flemingfarm, positivebalances, revelationquotes, scootbuttons, lucasgabd, steem-d-anlovnit, starline, koskl, toofasteddie, afrinsultana, rothberg, diogosantos, nicolaepavelean, cryptotem, liberton, mirda, richard78624, erikaflynn, lovetaxi005, portillo, coolthings, karadere, pario, techlife, chotho, mike11, askeb, ragnaros, amity123, mihail.tsvetkov, fullcoverbetting, andy23, mitrado, biomanu).
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vote details (57)
@maarnio ·
You won.
๐Ÿ‘  
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vote details (1)
@mitrado ·
I think we'll be trading in a range until near next Christmas now. :-P
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@steemdunk ·
$0.03
steemdunk-reply-1528817072477
<div class="pull-left">
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</div>

Hello, as a member of @steemdunk you have received a free courtesy boost! Steemdunk is an automated curation platform that is easy to use and built for the community. Join us at https://steemdunk.xyz

Upvote this comment to support the bot and increase your future rewards!
๐Ÿ‘  
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vote details (1)
@younus2 ·
I like your steemit site post..
Great post..

Upvote and resteemit..
๐Ÿ‘  
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