Crypto Contest December 9: Verge

Crypto Contest December 9: Verge

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Verge (Bittrex: XVGUSD) has broken out of the triangle pattern in the monthly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, XVG began a wave one advance in January 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in October this year. If this wave count is correct, XVG should be heading next towards the December 2017 peak in the red wave three.

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

Funnymentals

Verge is a secure and anonymous cryptocurrency. dlswizzlestick covered some of the upcoming important changes.

(Sources: https://vergecurrency.com/)

How Will Verge Trade?

Verge (Bittrex: XVGUSD) weekly 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.

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• XVG will takeout the August peak

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• XVG will drop below the October low

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• XVG will stay in a trading range between the October low and the August peak until January 14

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Answer the question at dpoll.xyz.