Crypto Contest December 3: Flixxo

in #steemleo3 years ago

Flixxo (Bittrex: FLIXXUSDT) 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, FLIXX began a red wave one advance on November 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 22 and the red wave two (blue sub-waves a-b-c) correction ended on November 29. If this wave count is correct, FLIXX should be heading next towards the November 22 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Flixxo is a video on demand platform for Microseries based on blockchain technology.

(Sources: https://play.flixxo.co/)

How Will Flixxo Trade?

Flixxo (Bittrex: FLIXXUSDT) 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.

FLIXX will takeout the November 22 peak

FLIXX will drop below the November 11 low

FLIXX will stay in a trading range between the November 11 low and the November 22 peak until January 10

Sort:  

FLIXX will drop below the November 11 low

FLIXX will drop below the November 11 low

FLIXX will drop below the November 11 low

FLIXX will stay in a trading range between the November 11 low and the November 22 peak until January 10

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FLIXX will takeout the November 22 peak

FLIXX will takeout the November 22 peak

FLIXX will stay in a trading range between the November 11 low and the November 22 peak until January 10

FLIXX will drop below the November 11 low

FLIXX will takeout the November 22 peak

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