Crypto Contest August 15: Matr1x

in LeoFinance6 months ago

Matr1x (OKX: MAXUSDT) 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, MAX began a red wave one advance on August 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 6 and the red wave two (blue sub-waves a-b-c) correction ended on August 7. If this wave count is correct, MAX should be heading next towards the August 6 peak in the red wave three.

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

Funnymentals

Matr1x is building the "largest" digital entertainment distribution platform for web3, including games, esports, IPs, trading markets, digital assets, and liquidity provision. Crypto Rising Star reviewed the project one week ago.

(Sources: https://matr1x.io/)

How Will Matr1x Trade?

Matr1x (OKX: MAXUSDT) 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

MAX will takeout the August 6 peak

MAX will drop below the August 5 low

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

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MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

Cheers

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

Thank you

You are welcome.

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MAX will drop below the August 5 low

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

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tnx

!BEER
!BBH

You are welcome.
!BEER
!BBH


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MAX will takeout the August 6 peak

MAX will drop below the August 5 low

MAX will drop below the August 5 low

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20


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MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20

MAX will stay in a trading range between the August 5 low and the August 6 peak until September 20
!BEER

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