Crypto Contest April 28: Vcash
Vcash has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Vcash began a wave one (sub-waves i-v) advance on March 11. The wave one finished on April 11, and the wave two correction (sub-waves abc) ended on April 20. If this wave count is correct, Vcash should be heading next towards the April 11 peak in the wave three.
(Chart courtesy of Tradingview.com)
You can find my longer term analysis on Vcash from here:
https://steemit.com/vcash/@maarnio/crypto-contest-february-3-vcash
If you think this analysis is correct, upvote this post and upvote the comment "Vcash will takeout the April 11 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Vcash will drop below the March 11 low".
If you think Vcash is in a range, upvote this post and upvote the comment "Vcash will stay in a trading range between the March 11 low and the April 11 peak until May 24".
You can upvote the comment until 3 PM EST April 29 and you can upvote only one comment. 200% of Steem from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
Vcash will stay in a trading range between the March 11 low and the April 11 peak until May 24 (4 voters as of 3 PM EST April 29: bleujay, spinbunny, yefet, coolthings).
Vcash will takeout the April 11 peak (3 voters as of 3 PM EST April 29: otisbrown, soundmoney, mirda).
You won.
Vcash will drop below the March 11 low (7 voters as of 3 PM EST April 29: me-tarzan, twinner, simonjay, allyouneedtoknow, sevinwilson, starline, avarice).