Crypto Contest January 5: Vcash

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

(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Vcash is in the wave three in the two-hour chart. The wave one (sub-waves i-v) started on December 23, 2016, and finished on December 26, 2016. The wave two (sub-waves abc) correction ended on December 30, 2016. If this wave count is correct, Vcash should be heading next towards the December 26, 2016 peak.

(Chart courtesy of Tradingview.com)
Looking at the weekly chart, Vcash is currently most likely in the wave three. The wave one started from the all-time low, and finished in August 2015. The wave two correction ended on November 24, 2016. 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 December 8, 2016 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Vcash will drop below the November 24, 2016 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 November 24, 2016 low and the December 8, 2016 peak until February 2".
You can upvote the comment until 3 PM EST January 6 and you can upvote only one comment. 200% of Steem (2 X 0.198 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.