Crypto Contest June 9: Viacoin
Viacoin (Bittrex: VIAUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, VIA began a red wave one advance in March 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in March this year. If this wave count is correct, VIA should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Viacoin is an open source cryptocurrency created in 2014, derived from the BTC protocol that supports embedded consensus with an extended OP_RETURN of 120 byte. Coin Bureau reviewed the coin last year.
(Sources: https://viacoin.org/)How Will Viacoin Trade?
Viacoin (Bittrex: VIAUSD) daily 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.
VIA will takeout the May 29 peak
VIA will drop below the May 10 low
VIA will stay in a trading range between the May 10 low and the May 29 peak until July 14
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