RocketX exchange (MEXC: RVFUSDT) 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, RVF began a red wave one advance on July 3. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 23 and the red wave two (blue sub-waves a-b-c) correction ended on July 26. If this wave count is correct, RVF should be heading next towards the July 23 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
RocketX is the "most" advanced hybrid CEX & DEX aggregator that makes it easy to compare prices across 250+ exchanges to help traders with best prices with every swap. Crypto Pablo reviewed the project two months ago.
(Sources: https://app.rocketx.exchange/)
How Will RocketX exchange Trade?
RocketX exchange (MEXC: RVFUSDT) 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
RVF will takeout the July 23 peak
RVF will drop below the July 3 low
RVF will stay in a trading range between the July 3 low and the July 23 peak until September 7