WAX (Huobi: WAXPETH) 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, WAXP began a wave one advance on February 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 15, and the red wave two (blue sub-waves a-b-c) correction ended on March 13. If this wave count is correct, WAXP should be heading next towards the February 15 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
WAX is the "safest and most convenient way" to create, buy, sell, and trade virtual items. You can check some of the latest developments below.
(Sources: https://wax.io/)How Will WAX Trade?
WAX (Huobi: WAXPETH) 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.
WAXP will takeout the February 15 peak
WAXP will drop below the February 14 low
WAXP will stay in a trading range between the February 14 low and the February 15 peak until April 19
Posted via Steemleo
