Crypto Contest October 31: Voxels

Voxels (VOXUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, Voxels began a wave one advance on January 12. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 17, and the red wave two (blue sub-waves a-b-c) correction ended on October 24. If this wave count is correct, Voxels should be heading next towards the June 17 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

One can see the waves even better in the line chart.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Voxels is a virtual reality token described as:

By combining the awesome power of virtual reality with the breathtaking disruptive nature of crypto-currency and block chain technology Voxelus' in game crypto-currency the Voxel is set to power a new global ecosystem of VR content and technology.

(Source: https://thevoxel.com/)

If you think this analysis is correct, upvote this post and upvote the comment "Voxels will takeout the June 17 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "Voxels will drop below the October 24 low".

If you think Voxels is in a range, upvote this post and upvote the comment "Voxels will stay in a trading range between the October 24 low and the June 17 peak until December 1".

You can upvote the comment until 3 PM EST November 1 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).