Crypto Contest December 7: Vcash

in #vcash8 years ago (edited)

Vcash has broken out of the wedge pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Vcash has completed one cycle from the March 2015 low. The five wave advance finished in the August 2015, and the three wave correction ended on the November 24. If this wave count is correct, Vcash should be heading next towards the August 2015 peak.

(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Vcash.

If you think this analysis is correct, upvote this post and upvote the comment "Vcash will takeout the November 28 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Vcash will drop below the November 24 low".
If you think Vcash is in a range, upvote this post and upvote the comment "Vcash will stay in the trading range between the November 24 low and the November 28 peak until December 31".
You can upvote the comment until 3 PM EST December 8 and you can upvote only one comment. 100% of Steem (0.030 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.

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Vcash will drop below the November 24 low (6 voters as of 3 PM EST December 8: otisbrown, proctologic, yefet, gregory-f, mental, jesus2).

Vcash will stay in the trading range between the November 24 low and the November 28 peak until December 31 (12 voters as of 3 PM EST December 8: bleujay, spinbunny, twinner, majes, landofcrypto, idnit, jdbry, digit, idnit1, mrfoot, mistere, idnit0). mistere (25), idnit0 (25) have a Reputation below 35.

Vcash will takeout the November 28 peak (2 voters as of 3 PM EST December 8: me-tarzan, soundmoney).

I flipped a coin lol a copper one at that

I like how it landed.

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