Crypto Contest August 24: Xelis
Xelis (CoinEx: XELUSDT) 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, XEL began a red wave one advance on August 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 19 and the red wave two (blue sub-waves a-b-c) correction ended on August 23. If this wave count is correct, XEL should be heading next towards the August 19 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Xelis is an innovative cryptocurrency with BlockDAG and Homomorphic Encryption. Cj Does Crypto reviewed the project two months ago.
(Sources: https://xelis.io/)
How Will Xelis Trade?
Xelis (CoinEx: XELUSDT) 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
XEL will takeout the August 19 peak
XEL will drop below the August 17 low
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
Thank you @maarnio
You are welcome.
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
!BEER
!BBH
!WINE
View or trade
BEER.Hey @maarnio, here is a little bit of
BEERfrom @eii for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING.@maarnio! @eii likes your content! so I just sent 1 BBH to your account on behalf of @eii. (1/5)
(html comment removed:
)
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
!BEER
View or trade
BEER.Hey @maarnio, here is a little bit of
BEERfrom @barski for you. Enjoy it!If you like BEER and want to support us please consider voting @louis.witness on HIVE and on HIVE Engine.
XEL will takeout the August 19 peak
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29
XEL will drop below the August 17 low
XEL will stay in a trading range between the August 17 low and the August 19 peak until September 29