Crypto Contest September 21: Vertcoin
Vertcoin (VTCBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Vertcoin began a wave one advance on December 5, 2016. The wave one finished on February 2 this year, and the wave two correction ended on March 7. The wave three advance finished on June 10, and the wave four correction ended on August 15. If this wave count is correct Vertcoin should be heading next towards the June 10 peak in the wave five.
(Chart courtesy of Tradingview.com)
Zooming in the four-hour chart, I believe Vertcoin is currently in the blue sub-wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Vertcoin will takeout the June 10 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Vertcoin will drop below the August 15 low".
If you think Vertcoin is in a range, upvote this post and upvote the comment "Vertcoin will stay in a trading range between the August 15 low and the June 10 peak until October 22".
You can upvote the comment until 3 PM EST September 22 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).
Vertcoin will stay in a trading range between the August 15 low and the June 10 peak until October 22 (22 voters as of 3 PM EST September 22: bleujay, freiheit50, twinner, soundmoney, misalen, me-tarzan, osmanbugra, catena, starline, mirda, coolthings, ahinga, dirty.hera, ragnaros, yefet, andy23, abh12345, kitcat, yinyangboobookat, crokkon, sqamemal, arpepa).
Vertcoin will takeout the June 10 peak (25 voters as of 3 PM EST September 22: otisbrown, bentleycapital, architrader, gregory-f, lydon.sipe, simonjay, ace108, miniature-tiger, flemingfarm, skririm, eirik, jznsamuel, themovieplace, komischername, anetchen, heroic15397, steemcollator, digitalking, napkin, allmonitors, mprgrmmr, razorwave8, barcalogia, incrediblesnow, me-do).
I have never traded vertcoin before but I guess it will takeout the June 10 peak
That's where I'm at too.
We did it at last moment.
You guessed right.
You won.
Vertcoin will drop below the August 15 low (6 voters as of 3 PM EST September 22: tzap90, dlina-v-metrah, libert, gunsmithing, criptorafa, cassidyandfranks).
Vertcoin broke down trend, retest trend line and its go UP
Good analitics
Thanks. Let's see if we get the retest.
This wonderful post has received a bellyrub of 4.28 % upvote from @bellyrub thanks to this cool cat: @maarnio. My pops @zeartul is one of your top steemit witness, if you like my bellyrubs please go vote for him, if you love what he is doing vote for this comment as well.
I love it when I find an article that makes me feel good while I'm reading. It's a beautiful point that flows with the current shift happening in humanity. I believe people want to do better and we are evolving into a more loving society.
you are a good writer..
Thanks for your work sir @maarnio Love it. Followed...
As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
@maarnio got you a $1.61 @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more!