DEXTools (Coinbase: DEXTUSD) 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, DEXT began a red wave one advance on November 9. The red wave one peaked on November 10 and the red wave two correction ended on November 14. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on December 2 and the red wave four (blue sub-waves a-b-c) correction ended on December 6. If this wave count is correct, DEXT should be heading next towards the December 2 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
DEXTools is an app and ecosystem for traders that provides info about all the decentralized markets. Jay talks crypto reviewed the project two months ago.
(Sources: https://www.dextools.io/)How Will DEXTools Trade?
DEXTools (Coinbase: DEXTUSD) 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.
DEXT will takeout the December 2 peak
DEXT will drop below the November 9 low
DEXT will stay in a trading range between the November 9 low and the December 2 peak until January 13