Shapeshift FOX Token (Coinbase: FOXUSD) 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, FOX began a red wave one advance on July 24. The red wave one peaked on July 29 and the red wave two correction ended on August 4. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on August 16 and the red wave four (blue sub-waves a-b-c) correction ended on August 25. If this wave count is correct, FOX should be heading next towards the August 16 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
ShapeShift is a borderless, cross-chain crypto trading platform and portfolio manager for user self-sovereignty. You can watch their intro video below.
(Sources: https://shapeshift.com/)
How Will Shapeshift FOX Token Trade?
Shapeshift FOX Token (Coinbase: FOXUSD) daily 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
FOX will takeout the August 16 peak
FOX will drop below the July 24 low
FOX will stay in a trading range between the July 24 low and the August 16 peak until October 12