Vanar Chain (Binance: VANRYUSDT) 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, VANRY began a red wave one advance on December 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 21 and the red wave two (blue sub-waves a-b-c) correction ended on January 1. If this wave count is correct, VANRY should be heading next towards the December 21 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Vanar offers a carbon-neutral, high-speed & low-cost L1 chain designed for entertainment and mainstream. University of Crypto reviewed the project four weeks ago.
(Sources: https://vanarchain.com/)
How Will Vanar Chain Trade?
Vanar Chain (Binance: VANRYUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
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 and comment below
VANRY will takeout the December 21 peak
VANRY will drop below the December 18 low
VANRY will stay in a trading range between the December 18 low and the December 21 peak until February 11