Matr1x (OKX: MAXUSDT) 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, MAX began a red wave one advance on August 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 6 and the red wave two (blue sub-waves a-b-c) correction ended on August 7. If this wave count is correct, MAX should be heading next towards the August 6 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Matr1x is building the "largest" digital entertainment distribution platform for web3, including games, esports, IPs, trading markets, digital assets, and liquidity provision. Crypto Rising Star reviewed the project one week ago.
(Sources: https://matr1x.io/)
How Will Matr1x Trade?
Matr1x (OKX: MAXUSDT) four-hour 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
MAX will takeout the August 6 peak
MAX will drop below the August 5 low
MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20
