Crypto Contest December 1: Vertcoin

in #vertcoin • 9 years ago (edited)

Vertcoin (VTCBTC) has broken out of the triangle pattern in the daily chart.

nimet_n.png

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, Vertcoin began a wave one advance on August 15. The red wave one (blue sub-waves i-ii-iii-iv-v) advance finished on September 21, and the red wave two (blue sub-waves a-b-c) correction ended on October 9. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on October 28, and the red wave four correction ended on November 3. If this wave count is correct, Vertcoin should be heading next towards the October 28 peak in the red wave five.

nimet_n.png

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

Looking at the weekly line chart, I believe Vertcoin is currently in the red wave five (blue sub-wave v). The red wave five began on August 15.

nimet_n.png

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

Funnymentals

Here is an "introduction" video of Vertcoin by Altcoin Buzz published on November 21.

(Source: YouTube)

nimet_n.png

If you think this analysis is correct, upvote this post and upvote the comment "Vertcoin will takeout the October 28 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "Vertcoin will drop below the October 9 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 October 9 low and the October 28 peak until January 1, 2018".

You can upvote the comment until 3 PM EST December 2 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).

#cryptocurrency #money #contest #trading
9 years ago in #vertcoin by
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     9 years ago (edited)

    Vertcoin will stay in a trading range between the October 9 low and the October 28 peak until January 1, 2018 (19 voters as of 3 PM EST December 2: bleujay, bentleycapital, abh12345, flemingfarm, simonjay, ace108, criptorafa, tzap90, starline, catena, komischername, mirda, freskil, richard78624, andy23, yefet, amfid4846, koskl, incrediblesnow).

    [-]
     9 years ago (edited)

    Vertcoin will takeout the October 28 peak (20 voters as of 3 PM EST December 2: eirik, soundmoney, gregory-f, crokkon, lucasgabd, mprgrmmr, toofasteddie, digitalking, reconnectnature, anetchen, heroic15397, ahinga, carlosdaniel, me-do, ragnaros, mihail.tsvetkov, napkin, heidelbaer, cryptotem, jkatz).

    [-]
     9 years ago 

    Vertcoin will go vertical. ....hahaha.... just had to say it.

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     9 years ago 

    Looks good so far..

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      [-]
       9 years ago (edited)

      Vertcoin will drop below the October 9 low (4 voters as of 3 PM EST December 2: glennolua, coolthings, cassidyandfranks, gunsmithing).

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       9 years ago 

      Thanks for your nice information.

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       9 years ago 

      @eileenbeach has voted on behalf of @minnowpond.
      If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

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         9 years ago 
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