Crypto Contest June 26: Flexacoin
Flexacoin (Bittrex: FXCBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, FXC began a red wave one advance on March 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 25, and the red wave two (blue sub-waves a-b-c) correction ended on June 16. If this wave count is correct, FXC should be heading next towards the April 25 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Flexa offers "the fastest, most fraud-proof payments network in the world". You can read their latest update here.
(Sources: https://flexa.network/)
How Will Flexacoin Trade?
Flexacoin (Bittrex: FXCBTC) daily 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 and comment below.
FXC will takeout the April 25 peak
FXC will drop below the March 18 low
FXC will stay in a trading range between the March 18 low and the April 25 peak until July 31
FXC will stay in a trading range between the March 18 low and the April 25 peak until July 31
Correct. Upvoted your comment:
https://steemit.com/blockchain/@novelcoronavirus/qe9syg
FXC will stay in a trading range between the March 18 low and the April 25 peak until July 31
Correct. Upvoted your comment:
https://steemit.com/blockchain/@koskl/re-maarnio-qe2vv1
FXC will drop below the March 18 low
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FXC will stay in a trading range between the March 18 low and the April 25 peak until July 31
Correct. Upvoted your comment:
https://steemit.com/blockchain/@coruna/qeadie
FXC will stay in a trading range between the March 18 low and the April 25 peak until July 31
Correct. Upvoted your post:
https://steemit.com/cn/@monsterbuster/monsterbuster-s-steemmonsters-block-nr-489
FXC will stay in a trading range between the March 18 low and the April 25 peak until July 31
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FXC will stay in a trading range between the March 18 low and the April 25 peak until July 31
Correct. Upvoted your comment:
https://steemit.com/hive-148441/@vaco/qe8rdt
FXC will takeout the April 25 peak