Crypto Contest September 12: VICDeal

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VICDeal (Bittrex: VILUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of scale))

Elliott Wave Analysis

In Elliott Wave terms, VIL began a red wave one advance on July 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 7 and the red wave two (blue sub-waves a-b-c) correction ended on September 10. If this wave count is correct, VIL should be heading next towards the September 7 peak in the red wave three.
(Chart courtesy of scale))


VICDeal is a premium culture life & DeFi token which pays differential compensation based on the coin holder's coin holding period. You can find their tokenomics below.

How Will VICDeal Trade?

VICDeal (Bittrex: VILUSD) four-hour chart by Tradingview.
(Chart courtesy of scale))


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Which one will happen first?

Please select one of the three choices and comment below.

VIL will takeout the September 7 peak

VIL will drop below the July 20 low

VIL will stay in a trading range between the July 20 low and the September 7 peak until October 19

Posted Using LeoFinance Beta