Crypto Contest October 27: RabbitX

RabbitX (CoinEx: RBXUSDT) 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, RBX began a red wave one advance on October 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 24 and the red wave two correction ended on October 24. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on October 26 and the red wave four correction ended on October 27. If this wave count is correct, RBX should be heading next towards the October 26 peak in the red wave five.

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

Funnymentals

RabbitX is a global permissionless perpetuals exchange built on Starknet. You can watch their intro video below.

(Sources: https://landing.rabbitx.io/)

How Will RabbitX Trade?

RabbitX (CoinEx: RBXUSDT) 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

RBX will takeout the October 26 peak

RBX will drop below the October 20 low

RBX will stay in a trading range between the October 20 low and the October 26 peak until December 3