Posts

Crypto Contest November 22: DXdao

avatar of @maarnio
25
Markus Aarnio
@maarnio
·
·
0 views
·
1 min read

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.

(Sources: https://dxdao.eth.link/)

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 with minimum reputation of 25.

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

Posted Using LeoFinance Beta