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Crypto Contest May 11: VLaunch

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Markus Aarnio
@maarnio
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VLaunch (Uniswap: VPADUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, VPAD began a red wave one advance on December 22, 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 28, 2021 and the red wave two (blue sub-waves a-b-c) correction ended on May 8 this year. If this wave count is correct, VPAD should be heading next towards the December 28, 2021 peak in the red wave three.

(Chart courtesy of Tradingview.com)

Funnymentals

VLaunch is a multichain launchpad backed by the "most" prominent thought leaders in the blockchain space. Josh Cross - DeFi NOW reviewed the project five months ago.

(Sources: https://www.vlaunch.com/)

How Will VLaunch Trade?

VLaunch (Uniswap: VPADUSD) daily chart by Tradingview.

(Chart courtesy of Tradingview.com)

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.

VPAD will takeout the December 28, 2021 peak

VPAD will drop below the December 22, 2021 low

VPAD will stay in a trading range between the December 22, 2021 low and the December 28, 2021 peak until June 17

Posted Using LeoFinance Beta