Crypto Contest December 29: BinaryX

BinaryX (Binance: BNXUSDT) 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, BNX began a red wave one advance on January 24. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 24 and the red wave two (blue sub-waves a-b-c) correction ended on December 11. If this wave count is correct, BNX should be heading next towards the November 24 peak in the red wave three.

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

Funnymentals

BinaryX is the platform cryptocurrency for the BinaryX ecosystem, which includes the DAO and all products & games utilizing BNX. Metaverse Investor reviewed the project two months ago.

(Sources: https://www.binaryx.pro/)

How Will BinaryX Trade?

BinaryX (Binance: BNXUSDT) 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.

BNX will takeout the November 24 peak

BNX will drop below the January 24 low

BNX will stay in a trading range between the January 24 low and the November 24 peak until February 4