Crypto Contest September 19: Litex

Crypto Contest September 19: Litex

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Litex (Huobi: LXTUSDT) 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, Litex began a wave one advance on September 5. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 7, and the red wave two (blue sub-waves a-b-c) correction ended on September 18. If this wave count is correct, Litex should be heading next towards the September 7 peak in the red wave three.

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

Funnymentals

Litex is building a commercialized layer2 ecology worldwide. You can view their roadmap below.

(Sources: https://litex.io/)

How Will Litex Trade?

Litex (Huobi: LXTUSDT) 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.

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• Litex will takeout the September 7 peak

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• Litex will drop below the September 5 low

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• Litex will stay in a trading range between the September 5 low and the September 7 peak until October 25

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Answer the question at dpoll.xyz.