VideoCoin (KuCoin: VIDBTC) 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, VID began a wave one advance on January 24. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 18, and the red wave two (blue sub-waves a-b-c) correction ended on May 7. If this wave count is correct, VID should be heading next towards the March 18 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
VideoCoin is a decentralized video encoding, storage, & content distribution network. You can watch their intro video below.
(Sources: https://www.videocoin.io/)How Will VideoCoin Trade?
VideoCoin (KuCoin: VIDBTC) 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.
VID will takeout the March peak
VID will drop below the February low
VID will stay in a trading range between the February low and the March peak until June 14