Crypto Contest April 8: Nexa

Nexa (MEXC: NEXAUSDT) 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, NEXA began a red wave one advance on March 19. The red wave one peaked on March 20 and the red wave two correction ended on March 28. The red wave three finished on April 3 and the red wave four correction ended on April 6. If this wave count is correct, NEXA should be heading next towards the April 3 peak in the red wave five.

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

Funnymentals

NEXA is a layer-1 financial blockchain, w/ native tokens and smart contracts, that has the ability to scale for global P2P usage. Crypto Tammie reviewed the project one month ago.

(Sources: https://nexa.org/)

How Will Nexa Trade?

Nexa (MEXC: NEXAUSDT) daily chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

NEXA will takeout the April 3 peak

NEXA will drop below the March 19 low

NEXA will stay in a trading range between the March 19 low and the April 3 peak until May 14