StrikeX (PancakeSwap: STRXUSD) 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, STRX began a red wave one advance in November 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in March 2024 and the red wave two (blue sub-waves a-b-c) correction ended on November 13. If this wave count is correct, STRX should be heading next towards the March 2024 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
StrikeX is a blockchain-powered hybrid ecosystem of interoperable CeFi & DeFi solutions, harnessing tokenization technologies for the next generation of financial markets. You can find their tokenomics below.
(Sources: https://tradestrike.io/)
How Will StrikeX Trade?
StrikeX (PancakeSwap: STRXUSD) 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
STRX will takeout the March 2024 peak
STRX will drop below the November 2023 low
STRX will stay in a trading range between the November 2023 low and the March 2024 peak until December 29
STRX will drop below the November 2023 low
STRX will drop below the November 2023 low
STRX will stay in a trading range between the November 2023 low and the March 2024 peak until December 29