Beldex (CRYPTO: BDXUSD) 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, BDX began a red wave one advance on February 24. The red wave one peaked on February 26 and the red wave two correction ended on March 1. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on March 7 and the red wave four (blue sub-waves a-b-c) correction ended on March 10. If this wave count is correct, BDX should be heading next towards the March 7 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Beldex is a leading privacy-based ecosystem consisting of privacy-first decentralized applications that include BChat, BelNet, Beldex browser, the Beldex privacy protocol, and the Beldex bridge. Crypto World Daily reviewed the latest news two weeks ago.
(Sources: https://www.beldex.io/)
How Will Beldex Trade?
Beldex (CRYPTO: BDXUSD) 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.
BDX will takeout the March 7 peak
BDX will drop below the February 24 low
BDX will stay in a trading range between the February 24 low and the March 7 peak until April 20
