Crypto Contest September 16: DATx
DATx (Huobi: DATXBTC) 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, DATx began a wave one advance on August 8. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 25, and the red wave two (blue sub-waves a-b-c) correction ended on September 13. If this wave count is correct, DATx should be heading next towards the August 25 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
DATx is a decentralized application transformational cross-chain ecosystem. You can watch their teaser video below.
(Sources: https://www.datx.co/)How Will DATx Trade?
DATx (Huobi: DATXBTC) 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.
- DATx will takeout the August 25 peak
- DATx will drop below the August 8 low
- DATx will stay in a trading range between the August 8 low and the August 25 peak until October 22
Answer the question at dpoll.xyz.