Crypto Contest March 23: Centra

in #centra7 years ago (edited)

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.

Sort:  

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. :)