Crypto Contest September 14: Vodi X

Vodi X (Bittrex: VDXUSDT) 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, Vodi X began a wave one advance on September 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 10, and the red wave two (blue sub-waves a-b-c) correction ended on September 12. If this wave count is correct, Vodi X should be heading next towards the September 10 peak in the red wave three.

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

Funnymentals

Vodi is a mobile platform boasting 5+ million users in over 200 countries and is tokenizing its ecosystem by launching Vodi X. You can watch their latest update below.

(Sources: Vodi X and YouTube)

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You can vote by following this link.

About the author: Markus Aarnio

I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.