Validity (Bittrex: VALBTC) has broken out of the triangle pattern in the four-hour chart.
https://i.postimg.cc/wBVrjjQL/nimet-n.png
(Chart courtesy of Tradingview.com (log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, VAL began a red wave one advance on January 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 10 and the red wave two (blue sub-waves a-b-c) correction ended on March 14. If this wave count is correct, VAL should be heading next towards the April 9 peak in the red wave three (blue sub-wave iii).
https://i.postimg.cc/hGpCq3K0/nimet-n2.png
(Chart courtesy of Tradingview.com (log scale))

**Funnymentals**

Validity (formerly Radium) is a decentralized PoS cryptocurrency offering a system for record verification and identities. You can find their roadmap [here](https://twitter.com/ValidityTech/status/1366765247827087364/photo/1).
https://i.postimg.cc/jjYV5jnS/nimet-n4.png
(Sources: https://validitytech.com/)

**How Will Validity Trade?**

Validity (Bittrex: VALBTC) daily chart by Tradingview.
https://i.postimg.cc/zBM6sXNN/nimet-n3.png
(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.

VAL will takeout the April 9 peak

VAL will drop below the March 14 low

VAL will stay in a trading range between the March 14 low and the April 9 peak until May 26



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@maarnio/crypto-contest-april-19-validity)