Genesis Vision (GVTUSD) 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, Genesis Vision began a wave one advance on November 18, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 13 this year, and the red wave two (blue sub-waves a-b-c) correction ended on February 6. If this wave count is correct, Genesis Vision should be heading next towards the January 13 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Genesis Vision is the platform for the private trust management market. Here is the official introduction video.
(Sources: https://genesis.vision/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Genesis Vision will takeout the January 13 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Genesis Vision will drop below the November 18, 2017 low".
If you think Genesis Vision is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Genesis Vision will stay in a trading range between the November 18, 2017 low and the January 13 peak until April 23".
You can upvote the comment until 3 PM EST March 21 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.
Genesis Vision will stay in a trading range between the November 18, 2017 low and the January 13 peak until April 23 (40 voters as of 3 PM EST March 21: bleujay, steemquestions, bentleycapital, soundmoney, simonjay, glennolua, gregory-f, sanjay91422, toofasteddie, flemingfarm, steemit.nemesis, mgood, reconnectnature, lucasgabd, komischername, skepticology, yefet, diogosantos, starline, qmarpot, koskl, coolthings, cryptotem, mirda, kunschj, me-do, barbadosso, richard78624, galasek, lasper, portillo, criptorafa, tzap90, paul.atreides, poti, mihail.tsvetkov, catena, andy23, akandadelwar, nicolaepavelean).
You won.
Genesis Vision will takeout the January 13 peak (19 voters as of 3 PM EST March 21: positivebalances, freiheit50, lydon.sipe, heroic15397, fitinfun, ace108, eirik, crokkon, dirty.hera, bxlphabet, revelationquotes, jznsamuel, costanza, carlosdaniel, ragnaros, harryp3, neo-wiza, cosminblaga, elisablogs).
Genesis Vision will drop below the November 18, 2017 low (7 voters as of 3 PM EST March 21: sqlinsix, allyouneedtoknow, dlina-v-metrah, misalen, gunsmithing, libert, abhicrypto).
I just discovered your contests. This is so cool and educational. Interesting analyses. Have you done one for STEEM lately? The price has dropped ~75% since mid Jan 2018. I'd love to see the charts for STEEM.
https://steemit.com/steem/@maarnio/crypto-contest-january-27-steem
This is my latest on STEEM. I will be watching it.
Thanks @maarino. Two months is a bit old for this fast moving market though. Would you be willling to share you insight to this massive drop of STEEM price in the last few weeks? Would love to hear your input.
The drop has been inline with the other smaller coins.
Thank for visiting my blog brother @maarnio.
@maarino where do you see what each person's vote is worth? I'm bit confused about all this, I have no problem voting on good content without getting anything obviously, I'm just curious where do you determine the worth of somone's vote
I use this one:
https://steemit.com/steemdev/@armandocat/steemit-more-info-1-4-chrome-extension-firefox-extension
Thanks
very good notices