Viberate (VIBUSD) 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, Viberate began a wave one advance on September 12. The red wave one finished on October 10, and the red wave two correction ended on October 12. The blue sub-wave wave one finished on October 31, and the blue sub-wave two correction ended on November 5. If this wave count is correct, Viberate should be heading next towards the October 31 peak in the red wave three (blue sub-wave iii).
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Viberate is a live music service platform that provides a live music database managed and maintained by the user community. Crypto Trade Academy interviewed the founder in September.
(Sources: https://www.viberate.com/fan and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Viberate will takeout the July peak".
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If you think Viberate is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Viberate will stay in a trading range between the September low and the July peak until December 16".
(Chart courtesy of Tradingview.com (log scale))
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