Crypto Contest July 14: RedFOX Labs
RedFOX Labs (Uniswap: RFOXWETH) 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, RFOX began a red wave one advance on February 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 26 and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, RFOX should be heading next towards the March 26 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))
Funnymentals
RedFOX Labs is a venture builder that creates internet companies in emerging markets based in Southeast Asia. You can watch their latest weekly update below.
(Sources: https://www.redfoxlabs.io/)
How Will RedFOX Labs Trade?
RedFOX Labs (Uniswap: RFOXWETH) daily chart by Tradingview. (Chart courtesy of Tradingview.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.
RFOX will takeout the March 26 peak
RFOX will drop below the February 6 low
RFOX will stay in a trading range between the February 6 low and the March 26 peak until August 20
Posted Using LeoFinance Beta