Centra (CTRBTC) 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, Centra began a wave one advance on December 13, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 4 this year, and the red wave two (blue sub-waves a-b-c) correction ended on March 18. If this wave count is correct, Centra should be heading next towards the January 4 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Centra offers products such as a wallet to store digital assets, a prepaid card to spend the digital assets, and three soon to be released products and services, which include a marketplace, a cryptocurrency exchange platform, and a open-source hyper speed DPoS blockchain. You can view the official introduction video below.
(Sources: https://centra.tech/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Centra will takeout the January 4 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Centra will drop below the December 13, 2017 low".
If you think Centra is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Centra will stay in a trading range between the December 13, 2017 low and the January 4 peak until April 28".
You can upvote the comment until 3 PM EST March 26 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.
Centra will takeout the January 4 peak (20 voters as of 3 PM EST March 26: bleujay, steemquestions, positivebalances, lydon.sipe, bentleycapital, sanjay91422, fitinfun, simonjay, abh12345, bxlphabet, komischername, koskl, carlosdaniel, kunschj, barbadosso, mihail.tsvetkov, neo-wiza, cosminblaga, nicolaepavelean, margaritaradkova).
Centra will stay in a trading range between the December 13, 2017 low and the January 4 peak until April 28 (29 voters as of 3 PM EST March 26: gregory-f, allyouneedtoknow, me-tarzan, glennolua, crokkon, flemingfarm, reconnectnature, misalen, toofasteddie, skepticology, lucasgabd, mgood, ahinga, qmarpot, diogosantos, rothberg, coolthings, mirda, richard78624, beeyou, harryp3, libert, paul.atreides, ragnaros, criptorafa, cryptocanuck.com, yefet, nordina, cmoljoe).
Centra will drop below the December 13, 2017 low (17 voters as of 3 PM EST March 26: sqlinsix, heroic15397, dlina-v-metrah, jznsamuel, steemit.nemesis, revelationquotes, gunsmithing, starline, costanza, me-do, tzap90, abhicrypto, galasek, andy23, akandadelwar, photo-moment, portillo).
You won.
Centra for me is another of those coins tha I don´t know much about, so you made me research about it to have a semi-decent participation in the contest.
so,your days were spending with busy...
I wish you may keep a good role on this trading contest..
@upvoted
Hi. Centra will drop below the December 13, 2017 low. Good luck. :)