DXdao (CoinMarketCap: DXDUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of CoinMarketCap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, DXD began a red wave one advance on June 15. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 1 and the red wave two (blue sub-waves a-b-c) correction ended on November 5. If this wave count is correct, DXD should be heading next towards the September 1 peak in the red wave three.
(Chart courtesy of CoinMarketCap.com (log scale))
Funnymentals
DXdao is bringing decentralization to DeFi. BlockchainBrad interviewed two dxDAO members back in June.
How Will DXdao Trade?
DXdao (CoinMarketCap: DXDUSD) line chart by CoinMarketCap.
(Chart courtesy of CoinMarketCap.com (log scale))
Prizes
I will be giving upvotes to the correct answers.
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.
DXD will takeout the September 1 peak
DXD will drop below the June 15 low
DXD will stay in a trading range between the June 15 low and the September 1 peak until December 29
DXD will stay in a trading range between the June 15 low and the September 1 peak until December 29
Correct.
DXD will stay in a trading range between the June 15 low and the September 1 peak until December 29
Correct. Upvoted your post:
https://blurt.blog/blurtsport/@toofasteddie/short-run-in-progression