Crypto Contest March 25: GXChain
GXChain (Binance: GXSBTC) 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, GXS began a wave one advance on September 24, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 15, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on March 13 this year. If this wave count is correct, GXS should be heading next towards the November 15, 2019 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
GXChain is a blockchain for the global data economy. Coin Bureau reviewed the project last summer.
(Sources: https://gxs.gxb.io/en/)How Will GXChain Trade?
GXChain (Binance: GXSBTC) 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.
GXS will takeout the November 2019 peak
GXS will drop below the September 2019 low
GXS will stay in a trading range between the September 2019 low and the November 2019 peak until April 28
GXS will takeout the November 2019 peak
This post has received a 100.0 % upvote from @boomerang.
GXS will drop below the September 2019 low
This post has received a 35.65 % upvote from @boomerang.
GXS will stay in a trading range between the September 2019 low and the November 2019 peak until April 28
Correct. Upvoted your post:
https://steemit.com/child/@carton/the-child-must-decide-how-much-to-eat
GXS will takeout the November 2019 peak
GXS will takeout the November 2019 peak
GXS will stay in a trading range between the September 2019 low and the November 2019 peak until April 28
Correct. Upvoted your comment:
https://steemit.com/hive-148441/@steem-d-anlovnit/qare6q
GXS will drop below the September 2019 low
GXS will stay in a trading range between the September 2019 low and the November 2019 peak until April 28
Correct. Upvoted your comment:
https://steemit.com/blockchain/@gretna/qaquh3
GXS will drop below the September 2019 low
GXS will drop below the September 2019 low