Crypto Contest September 30: Xaurum
Xaurum (HitBTC: XAURETH) 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, Xaurum began a wave one advance in May 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2018, and the red wave two (blue sub-waves a-b-c) correction ended in June this year. If this wave count is correct, Xaurum should be heading next towards the December 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Xaurum is a digital asset with a continuously growing gold base. You can watch their intro video below.
(Sources: https://www.xaurum.org)How Will Xaurum Trade?
Xaurum (HitBTC: XAURETH) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
- Xaurum will takeout the April peak
- Xaurum will drop below the June low
- Xaurum will stay in a trading range between the June low and the April peak until November 5
Answer the question at dpoll.xyz.