Omax Coin (CRYPTO: OMAXUSD) 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, OMAX began a red wave one advance on May 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 27 and the red wave two (blue sub-waves a-b-c) correction ended on June 1. If this wave count is correct, OMAX should be heading next towards the May 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Omax Coin is a climate-neutral, high-speed & low transaction fee layer-1 blockchain. You can watch their promo video below.
(Sources: https://omaxcoin.com/)
How Will Omax Coin Trade?
Omax Coin (CRYPTO: OMAXUSD) 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
OMAX will takeout the May 27 peak
OMAX will drop below the May 19 low
OMAX will stay in a trading range between the May 19 low and the May 27 peak until July 9