Musicoin (MUSICUSD) has broken out of the wedge pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Musicoin began a wave one advance in March 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 10 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 29. If this wave count is correct, Musicoin should be heading next towards the January 10 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Musicoin is a digital currency designed for musicians to be paid directly and instantly, without intermediaries. Musicoin TV published their roadmap in youtube on July 7.
(Sources: https://musicoin.org/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Musicoin will takeout the April 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Musicoin will drop below the May 2017 low".
If you think Musicoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Musicoin will stay in a trading range between the May 2017 low and the April 2018 peak until September 8".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST August 7 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
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Musicoin will stay in a trading range between the May 2017 low and the April 2018 peak until September 8 (30 voters as of 3 PM EST August 7: bleujay, bentleycapital, soundmoney, komischername, misalen, koskl, kunschj, jznsamuel, jozef230, toofasteddie, steem-d-anlovnit, reconnectnature, starline, themovieplace, amity123, rjunaid12, tzap90, mike11, mirda, biomanu, diogosantos, techlife, chotho, jlordc, harryp3, rothberg, apple96, margaritaradkova, richard78624, nordina).
Musicoin will drop below the May 2017 low (13 voters as of 3 PM EST August 7: sqlinsix, gregory-f, skepticology, glennolua, positivebalances, vicspics, ace108, milano1113, mgood, mitrado, punjolife, galasek, mellofello).
You won. Paid out from @maarnio1
Musicoin will takeout the April 2018 peak (3 voters as of 3 PM EST August 7: barbadosso, marverick984, portillo).
what is musicoin? is it like voise?
Something similar!
Hello @maarnio, my crypto knowledgeable friend. I'm coming back on this old post to get your thoughts.
Now that I am on @kyrptonia, I get offers on there 5-10 times a week to register for various airdrops. I am not 100% sure what these are, but I guess you get coins, points, or sometimes usd for them. So I would have to go to a site and register - maybe verify. Then I get SUP coins through kryptonia for doing the task, and later get whatever the airdrop is offering. The tasks are offering high SUP Coins and I always want those. I offer 50 SUP on my tasks over there - sometimes these are offering 500+++.
I do not feel like, or have time to research airdrops. Where would I even do this research if I wanted to? So I have been ignoring them. But now I wonder if I should do them - all of them, or some of them - and how would I know which ones are worth it? Are any of these worth it?
I ask because I just read a fb post where the girl was talking about signing up for every airdrop she comes across and sometimes they turn out to be worth it.
Not that I have any spare time! I hope you are doing well these days. I think KL is a good move for me. Old fat Sharon cannot believe this mess, but I am still fitting in fun :)
I have done some of those.
Just be careful with them and check their official twitter if they are really doing that airdrop.
ok -got it - thank you :)
It will all depend on when and how fast will the crypto markets go up...