Vitae (HitBTC: VITAEUSD) 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, VITAE began a red wave one advance in August 2018. The red wave one finished in October 2018 and the red wave two correction ended in April 2019. The yellow wave three finished on November 13 this year. If this wave count is correct, VITAE should be heading next towards the November 13 peak in the red wave three (yellow wave v).
(Chart courtesy of CoinMarketCap.com (log scale))
Funnymentals
Vitae is a social media platform combined with a social rewards network. You can watch their intro video below.
How Will Vitae Trade?
Vitae (HitBTC: VITAEUSD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers.
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.
VITAE will takeout the November 13 peak
VITAE will drop below the November 2 low
VITAE will stay in a trading range between the November 2 low and the November 13 peak until January 1, 2021
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VITAE will stay in a trading range between the November 2 low and the November 13 peak until January 1, 2021
Correct.