Crypto Contest May 3: Velas
Velas (Bittrex: VLXUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, VLX began a red wave one advance on December 24, 2020. The red wave one peaked on February 2 this year and the red wave two correction ended on February 24. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on April 1 and the red wave four (blue sub-waves a-b-c) correction ended on April 23. If this wave count is correct, VLX should be heading next towards the April 1 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Velas is Artificial Intuition-operated DPoS Blockchain and Ecosystem for secure, interoperable, extremely scalable transactions. BitBoy Crypto covered the project four months ago.
(Sources: https://velas.com/)How Will Velas Trade?
Velas (Bittrex: VLXUSDT) 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 and comment below.
VLX will takeout the April 1 peak
VLX will drop below the February 24 low
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
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VLX will takeout the April 1 peak
$rewarding
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The reward of this comment goes 100 % to the author toofasteddie. This is done by setting the beneficiaries of this comment to 100 %.
VLX will takeout the April 1 peak
Posted Using LeoFinance Beta
$rewarding
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The reward of this comment goes 100 % to the author jfang003. This is done by setting the beneficiaries of this comment to 100 %.
VLX will takeout the April 1 peak
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$rewarding
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The reward of this comment goes 100 % to the author yefet. This is done by setting the beneficiaries of this comment to 100 %.
VLX will takeout the April 1 peak
$rewarding
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The reward of this comment goes 100 % to the author joseph230. This is done by setting the beneficiaries of this comment to 100 %.
Thank you!
You are welcome.
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VLX will takeout the April 1 peak
$rewarding
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The reward of this comment goes 100 % to the author yova. This is done by setting the beneficiaries of this comment to 100 %.
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
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.VLX will takeout the April 1 peak
$rewarding
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The reward of this comment goes 100 % to the author jhonnygo. This is done by setting the beneficiaries of this comment to 100 %.
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author monsterbuster. This is done by setting the beneficiaries of this comment to 100 %.
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will takeout the April 1 peak
Posted Using LeoFinance Beta
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author funnel. This is done by setting the beneficiaries of this comment to 100 %.
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will drop below the February 24 low
VLX will drop below the February 24 low
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author mhsm. This is done by setting the beneficiaries of this comment to 100 %.
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author verhollo. This is done by setting the beneficiaries of this comment to 100 %.
VLX will drop below the February 24 low
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author dangerousattack. This is done by setting the beneficiaries of this comment to 100 %.
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author zazamorton. This is done by setting the beneficiaries of this comment to 100 %.
VLX will drop below the February 24 low
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will drop below the February 24 low
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author monnet. This is done by setting the beneficiaries of this comment to 100 %.
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will drop below the February 24 low
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author nezyar. This is done by setting the beneficiaries of this comment to 100 %.
VLX will drop below the February 24 low
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will drop below the February 24 low
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author without. This is done by setting the beneficiaries of this comment to 100 %.
VLX will drop below the February 24 low
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author mlkk. This is done by setting the beneficiaries of this comment to 100 %.
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author telcall. This is done by setting the beneficiaries of this comment to 100 %.
VLX will drop below the February 24 low
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9
VLX will takeout the April 1 peak
Posted Using LeoFinance Beta
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author hykss. This is done by setting the beneficiaries of this comment to 100 %.
VLX will takeout the April 1 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author jorgebgt. This is done by setting the beneficiaries of this comment to 100 %.
VLX will drop below the February 24 low
VLX will takeout the April 1 peak
Posted Using LeoFinance Beta
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author any123. This is done by setting the beneficiaries of this comment to 100 %.
VLX will takeout the April 1 peak
Posted Using LeoFinance Beta
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author novelcoronavirus. This is done by setting the beneficiaries of this comment to 100 %.
VLX will stay in a trading range between the February 24 low and the April 1 peak until June 9