Crypto Contest November 28: SingularDTV

SingularDTV (Binance: SNGLSBTC) 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, SingularDTV began a wave one advance on September 12. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 16, and the red wave two (blue sub-waves a-b-c) correction ended on November 25. If this wave count is correct, SingularDTV should be heading next towards the September 16 peak in the red wave three.

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

Funnymentals

SingularDTV is building a blockchain entertainment ecosystem with the creator in mind. You can view their presentation at Ethereal Summit NY 2018 below.

(Sources: https://singulardtv.com/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "SingularDTV will takeout the September 16 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "SingularDTV will drop below the September 12 low".

If you think SingularDTV is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "SingularDTV will stay in a trading range between the September 12 low and the September 16 peak until January 2, 2019".

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

You can upvote the comment until 3 PM EST December 1 and you can upvote only one comment. 50% of liquid STEEM + SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).

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