Crypto Contest December 16: Verasity
Verasity (HitBTC: VRABTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, VRA began a wave one advance on October 27. The red wave one finished on November 4, and the red wave two correction ended on November 18. The red wave three advance finished on December 1, and the red wave four correction ended on December 14. If this wave count is correct, VRA should be heading next towards the December 1 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Verasity builds the infrastructure for publishers to serve attention-rewarded video to billions of viewers. You can watch their intro video below.
(Sources: https://www.verasity.io/)How Will Verasity Trade?
Verasity (HitBTC: VRABTC) daily chart by Tradingview.
(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.
- VRA will takeout the December 1 peak
- VRA will drop below the November 18 low
- VRA will stay in a trading range between the November 18 low and the December 1 peak until January 21
Answer the question at dpoll.xyz.