Vcash has broken out of the channel in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Vcash began a wave one advance on March 11. The wave one (sub-waves i-v) finished on June 25, and the wave two (sub-waves a-b-c) correction ended on July 12. If this wave count is correct, Vcash should be heading next towards the June 25 peak in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Vcash will takeout the June 25 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Vcash will drop below the March 11 low".
If you think Vcash is in a range, upvote this post and upvote the comment "Vcash will stay in a trading range between the March 11 low and the June 25 peak until August 15".
You can upvote the comment until 3 PM EST July 16 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.