Crypto Contest November 27: IX Swap

IX Swap (Uniswap: IXSUSD) 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, IXS began a red wave one advance on October 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 24 and the red wave two (blue sub-waves a-b-c) correction ended on November 26. If this wave count is correct, IXS should be heading next towards the November 24 peak in the red wave three.

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

Funnymentals

IX Swap is a Real World Asset (RWA) tokenization launchpad and DEX. Flagship FYI interviewed the CEO four months ago.

(Sources: https://www.ixswap.io/)

How Will IX Swap Trade?

IX Swap (Uniswap: IXSUSD) 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

IXS will takeout the November 24 peak

IXS will drop below the October 17 low

IXS will stay in a trading range between the October 17 low and the November 24 peak until January 2, 2024