Modex (Uniswap: MODEXUSD) 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, MODEX began a red wave one advance in May 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in January 2022 and the red wave two (blue sub-waves a-b-c) correction ended in November 2022. If this wave count is correct, MODEX should be heading next towards the January 2022 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Modex develops scalable products and services that transform the way data and digital assets are stored, shared, and managed using blockchain technology. You can watch their intro video below.
(Sources: https://www.modex.tech/)
How Will Modex Trade?
Modex (Uniswap: MODEXUSD) 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
MODEX will takeout the January 2022
MODEX will drop below the May 2021 low
MODEX will stay in a trading range between the May 2021 low and the January 2022 peak until October 10