WEMIX (Bithumb: WEMIXKRW) 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, WEMIX began a red wave one advance on November 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 23 and the red wave two (blue sub-waves a-b-c) correction ended on December 19. If this wave count is correct, WEMIX should be heading next towards the November 23 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Wemix is a blockchain based global gaming platform. You can read their latest update here.
(Sources: https://wemixnetwork.com/)
How Will WEMIX Trade?
WEMIX (Bithumb: WEMIXKRW) 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.
WEMIX will takeout the November 23 peak
WEMIX will drop below the November 4 low
WEMIX will stay in a trading range between the November 4 low and the November 23 peak until January 26, 2021
