Crypto Contest August 27: Wombex Finance
Wombex Finance (PancakeSwap: WMXBUSD) 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, WMX began a red wave one advance on July 29. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 31 and the red wave two (blue sub-waves a-b-c) correction ended on August 8. If this wave count is correct, WMX should be heading next towards the July 31 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Wombex Finance is boosting yield for liquidity providers and concentrating governance power across Wombat. Crypto Gamer reviewed the project five months ago.
(Sources: https://wombex.finance/#/bnb/)
How Will Wombex Finance Trade?
Wombex Finance (PancakeSwap: WMXBUSD) 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
WMX will takeout the July 31 peak
WMX will drop below the July 29 low
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
Posted Using LeoFinance Alpha
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
!BEER
!BEER
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will takeout the July 31 peak
WMX will takeout the July 31 peak
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will takeout the July 31 peak
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WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
!BEER
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WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will drop below the July 29 low
Correct. Upvoted your post:
https://hive.blog/hive-140635/@tht/the-grapes-are-ripe-the
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
WMX will stay in a trading range between the July 29 low and the July 31 peak until October 2
View or trade
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