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Crypto Contest November 24: VeChain

Asked by maarnio Promote - View in Steemit - Audit

VeChain (Binance: VETETH) has broken out of the triangle pattern in the four-hour chart. nimet-n.png (Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, VET began a wave one advance on October 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 15, and the red wave two (blue sub-waves a-b-c) correction ended on November 22. If this wave count is correct, VET should be heading next towards the November 15 peak in the red wave three. nimet-n2.png (Chart courtesy of Tradingview.com (log scale))

Funnymentals

VeChain is a public blockchain that derives its value from activities created by members within the ecosystem solving real world economic problems. You can watch their latest AMA below.

(Sources: https://www.vechain.org/)

How Will VeChain Trade?

VeChain (Binance: VETETH) daily chart by Tradingview. nimet-n3.png (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.

You need to be logged in to vote for the polls. Click to log in via Steemconnect or alternatively you can vote with Keychain.

VET will stay in a trading range between the October 25 low and the November 15 peak until December 30 (40.0%) 8 / 20
40.0% Complete (success)
VET will takeout the November 15 peak (35.0%) 7 / 20
35.0% Complete (success)
VET will drop below the October 25 low (25.0%) 5 / 20
25.0% Complete (success)

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