Crypto Contest August 21: DEXA COIN

in #steemleo4 years ago

DEXA COIN (Bittrex: DEXAUSDT) 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, DEXA began a red wave one advance on July 21. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 7 and the red wave two (blue sub-waves a-b-c) correction ended on August 20. If this wave count is correct, DEXA should be heading next towards the August 7 peak in the red wave three.

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

Funnymentals

DEXA COIN is a "next generation" social messenger platform that allow users to make digital payments with each other while staying connected. Altcoin Radar reviewed the project two months ago.

(Sources: https://dexacoin.net/)

How Will DEXA COIN Trade?

DEXA COIN (Bittrex: DEXAUSDT) 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 and comment below.

DEXA will takeout the August 7 peak

DEXA will drop below the July 21 low

DEXA will stay in a trading range between the July 21 low and the August 7 peak until September 27

Sort:  

DEXA will stay in a trading range between the July 21 low and the August 7 peak until September 27

DEXA will stay in a trading range between the July 21 low and the August 7 peak until September 27

DEXA will stay in a trading range between the July 21 low and the August 7 peak until September 27

DEXA will drop below the July 21 low

DEXA will stay in a trading range between the July 21 low and the August 7 peak until September 27

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DEXA will stay in a trading range between the July 21 low and the August 7 peak until September 27

DEXA will drop below the July 21 low

DEXA will stay in a trading range between the July 21 low and the August 7 peak until September 27

DEXA will takeout the August 7 peak

DEXA will drop below the July 21 low

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