Crypto Contest October 2: VIDY
VIDY (Huobi: VIDYUSDT) 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, VIDY began a wave one advance on September 6. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 12, and the red wave two (blue sub-waves a-b-c) correction ended on September 26. If this wave count is correct, VIDY should be heading next towards the September 12 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
VIDY is the video layer for ads. You can watch their intro video below.
(Sources: https://vidy.com/)How Will VIDY Trade?
VIDY (Huobi: VIDYUSDT) 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.
- VIDY will takeout the September 12 peak
- VIDY will drop below the September 6 low
- VIDY will stay in a trading range between the September 6 low and the September 12 peak until November 7
Answer the question at dpoll.xyz.