district0x (Bittrex: DNTBTC) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, district0x began a wave one advance in December 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January this year, and the red wave two (blue sub-waves a-b-c) correction ended in November. If this wave count is correct, district0x should be heading next towards the January peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
District0x is a project that is working to create decentralized marketplaces and communities. Bloom interviewed district0x this summer.
(Sources: https://district0x.io/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "district0x will takeout the October peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "district0x will drop below the November low".
If you think district0x is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "district0x will stay in a trading range between the November low and the October peak until January 23, 2019".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST December 22 and you can upvote only one comment. 50% of liquid STEEM + SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
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