Vanywhere (Bittrex: VANYUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, VANY began a red wave one advance on July 30. The red wave one finished on the same day, and the red wave two correction ended on August 2. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on August 6, and the red wave four (blue sub-waves a-b-c) correction ended on August 9. If this wave count is correct, VANY should be heading next towards the August 6 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the daily chart, I believe VANY is currently in the red wave three (blue sub-wave v). The red wave three began on July 30.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Vanywhere is a peer-to-peer, skill-sharing platform that "revolutionizes" the way people seek and offer skills through live, 1-on-1, video, voice and chat. You can watch their intro video below.
(Sources: https://vanywhere.com/)How Will Vanywhere Trade?
Vanywhere (Bittrex: VANYUSD) four-hour 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.
VANY will takeout the August 6 peak
VANY will drop below the August 4 low
VANY will stay in a trading range between the August 4 low and the August 6 peak until September 16