Cindicator (CNDBTC) 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, Cindicator began a wave one advance on December 13, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 23 this year, and the red wave two (blue sub-waves a-b-c) correction ended on March 15. If this wave count is correct, Cindicator should be heading next towards the January 23 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Cindicator provides hybrid intelligence for financial markets. I Love Crypto published an interview with the co-founder on April 26.
(Sources: https://cindicator.com/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Cindicator will takeout the January 23 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Cindicator will drop below the December 13, 2017 low".
If you think Cindicator is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Cindicator will stay in a trading range between the December 13, 2017 low and the January 23 peak until June 8".
You can upvote the comment until 3 PM EST May 6 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.
Cindicator will stay in a trading range between the December 13, 2017 low and the January 23 peak until June 8 (42 voters as of 3 PM EST May 6: bleujay, gregory-f, revelationquotes, bentleycapital, soundmoney, simonjay, abh12345, allyouneedtoknow, misalen, anetchen, scootbuttons, flemingfarm, steemit.nemesis, mgood, steem-d-anlovnit, toofasteddie, komischername, lucasgabd, rothberg, starline, diogosantos, cryptotem, koskl, richard78624, costanza, mirda, nicolaepavelean, coolthings, nordina, mihail.tsvetkov, ragnaros, andy23, galasek, elisablogs, ahinga, easymoney202, cmoljoe, neo-wiza, heidelbaer, borban, cata22, utkarshvarma).
You won.
Cindicator will takeout the January 23 peak (20 voters as of 3 PM EST May 6: steemquestions, lydon.sipe, sanjay91422, fitinfun, bxlphabet, vicspics, dirty.hera, crokkon, jznsamuel, me-do, barbadosso, libert, mister.green, kunschj, harryp3, mitrado, criptorafa, cosminblaga, askeb, sportschallenge).
Cindicator will drop below the December 13, 2017 low (10 voters as of 3 PM EST May 6: sqlinsix, skepticology, dlina-v-metrah, freiheit50, reconnectnature, themovieplace, tzap90, portillo, sam009, photo-moment).