Crypto Contest September 12: VICDeal
VICDeal (Bittrex: VILUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, VIL began a red wave one advance on July 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 7 and the red wave two (blue sub-waves a-b-c) correction ended on September 10. If this wave count is correct, VIL should be heading next towards the September 7 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
VICDeal is a premium culture life & DeFi token which pays differential compensation based on the coin holder's coin holding period. You can find their tokenomics below.
(Sources: http://vicdeal.org/)
How Will VICDeal Trade?
VICDeal (Bittrex: VILUSD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
VIL will takeout the September 7 peak
VIL will drop below the July 20 low
VIL will stay in a trading range between the July 20 low and the September 7 peak until October 19
VIL will stay in a trading range between the July 20 low and the September 7 peak until October 19
VIL will stay in a trading range between the July 20 low and the September 7 peak until October 19
VIL will drop below the July 20 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@gretna/r01k9d
VIL will stay in a trading range between the July 20 low and the September 7 peak until October 19
VIL will stay in a trading range between the July 20 low and the September 7 peak until October 19
VIL will stay in a trading range between the July 20 low and the September 7 peak until October 19
VIL will stay in a trading range between the July 20 low and the September 7 peak until October 19
VIL will drop below the July 20 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@reklam/r01kzl
VIL will drop below the July 20 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@coruna/r0715p
VIL will drop below the July 20 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@stnr/r06y7i