StormX (Binance: STMXUSDT) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, STMX began a red wave one advance in November 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in April 2021 and the red wave two (blue sub-waves a-b-c) correction ended in June this year. If this wave count is correct, STMX should be heading next towards the April 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
StormX is the "first" crypto cashback solution that allows users to earn rewards and cashback for their fiat purchases. BitBoy Crypto reviewed the project one year ago.
(Sources: https://stormx.io/)
How Will StormX Trade?
StormX (Binance: STMXUSDT) weekly 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
STMX will takeout the March 2022 peak
STMX will drop below the June 2023 low
STMX will stay in a trading range between the June 2023 low and the March 2022 peak until August 28
