Crypto Contest December 29: Wirex Token
Wirex Token (Huobi: WXTUSDT) 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, WXT began a wave one advance on November 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 4, and the red wave two (blue sub-waves a-b-c) correction ended on December 24. If this wave count is correct, WXT should be heading next towards the December 4 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Wirex is a UK FCA-licenced global borderless payment platform. You can watch their intro video below.
(Sources: https://wirexapp.com/)How Will Wirex Token Trade?
Wirex Token (Huobi: WXTUSDT) 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.
- WXT will takeout the December 4 peak
- WXT will drop below the November 25 low
- WXT will stay in a trading range between the November 25 low and the December 4 peak until February 3
Answer the question at dpoll.xyz.