XBANKING (Raydium: XBUSD) 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, XB began a red wave one advance on May 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 10 and the red wave two (blue sub-waves a-b-c) correction ended on May 26. If this wave count is correct, XB should be heading next towards the May 10 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
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(Sources: https://xbanking.org/)
How Will XBANKING Trade?
XBANKING (Raydium: XBUSD) 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
XB will takeout the May 10 peak
XB will drop below the May 1 low
XB will stay in a trading range between the May 1 low and the May 10 peak until July 18