__________     __ __     __  _______    ________
  / ____/ __ \   / // /    / / / /  _/ |  / / ____/
 / / __/ / / /  / // /_   / /_/ // / | | / / __/
/ /_/ / /_/ /  /__  __/  / __  // /  | |/ / /___
\____/\____/     /_/    /_/ /_/___/  |___/_____/

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Crypto Contest July 2: Cofound.It

BY: @maarnio | CREATED: July 2, 2018, 9:26 a.m. | VOTES: 112 | PAYOUT: $17.91 | [ VOTE ]

Cofound.it (CFIBTC) has broken out of the triangle pattern in the daily chart.
[IMAGE: https://ipfs.busy.org/ipfs/QmRibLY7LKGLTYM4x1YBBU1FddMFgKgXr3fuShiDcAppum]

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

Elliott Wave Analysis

In Elliott Wave terms, Cofound.it began a wave one advance on December 7, 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 June 29. If this wave count is correct, Cofound.it should be heading next towards the January 4 peak in the red wave three.
[IMAGE: https://ipfs.busy.org/ipfs/QmNjc9di9za4Aw6YYrEoBLsCVhYjPDjvPiTbwBNvjws1ar]

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

Funnymentals

Cofound.it is a platform that connects blockchain believers to teams that are building serious blockchain businesses. You can view a short introduction to Cofound.it below.

https://youtu.be/-xBFbkIKtuM

(Sources: https://cofound.it/ and YouTube)
[IMAGE: 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) "Cofound.it will takeout the April 23 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Cofound.it will drop below the December 7, 2017 low".

If you think Cofound.it is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Cofound.it will stay in a trading range between the December 7, 2017 low and the April 23 peak until August 7".
[IMAGE: https://ipfs.busy.org/ipfs/QmaMeYfGS4SPU6xehQqpCzcmJFwXafdx4KPdyKpBQcHuEN]

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

You can upvote the comment until 3 PM EST July 5 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.

TAGS: [ #cofoundit ] [ #cryptocurrency ] [ #investors-group ] [ #timm ] [ #busy ]

Replies

@biblegateway | July 2, 2018, 9:27 a.m. | Votes: 0 | [ VOTE ]

upvote for me please? https://steemit.com/news/@bible.com/6h36cq

@maarnio | July 2, 2018, 9:27 a.m. | Votes: 16 | [ VOTE ]

Cofound.it will takeout the April 23 peak (14 voters as of 3 PM EST July 5: bleujay, skepticology, lydon.sipe, bentleycapital, crokkon, positivebalances, barbadosso, koskl, liberton, nordina, beiker, sporttr, mihail.tsvetkov, nzl19500).

@maarnio | July 2, 2018, 9:27 a.m. | Votes: 23 | [ VOTE ]

Cofound.it will drop below the December 7, 2017 low (17 voters as of 3 PM EST July 5: sqlinsix, gregory-f, allyouneedtoknow, freiheit50, jznsamuel, kunschj, vicspics, milano1113, themovieplace, mgood, afrinsultana, flemingfarm, catchup, heyimsnuffles (did not vote main post), criptorafa, askeb, colon2018).

@maarnio | Aug. 8, 2018, 11:58 a.m. | Votes: 1 | [ VOTE ]

You won. Paid out from @maarnio1

@maarnio | July 2, 2018, 9:28 a.m. | Votes: 34 | [ VOTE ]

Cofound.it will stay in a trading range between the December 7, 2017 low and the April 23 peak until August 7 (29 voters as of 3 PM EST July 5: soundmoney, glennolua, komischername, misalen, steemit.nemesis, toofasteddie, simonjay, starline, reconnectnature, janine-ariane, lucasgabd, rothberg, steem-d-anlovnit, tzap90, cryptotem, diogosantos, costanza, galasek, photoquote, revelationquotes, richard78624, portillo, nicolaepavelean, harryp3, lovetaxi005 (did not vote main post), ragnaros, andy23, mitrado, stalexmkl).

@diogosantos | July 2, 2018, 12:08 p.m. | Votes: 2 | [ VOTE ]

This is one of those coins I didn't know much about it, so again, your contest forcing me to make some research... :D

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