TenX has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, TenX began a wave one advance on July 11. The wave one finished on July 13, and the wave two correction ended on July 21. The wave three advance finished on August 12, and the wave four correction ended on August 19. If this wave count is correct, TenX should be heading next towards the August 12 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "TenX will takeout the August 12 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "TenX will drop below the July 21 low".
If you think TenX is in a range, upvote this post and upvote the comment "TenX will stay in a trading range between the July 21 low and the August 12 peak until September 22".
You can upvote the comment until 3 PM EST August 23 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.