Crypto Contest June 12: XBANKING

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XBANKING (Raydium: XBUSD) has broken out of the triangle pattern in the daily chart.
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(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, XB began a red wave one advance on May 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 10 and the red wave two (blue sub-waves a-b-c) correction ended on May 26. If this wave count is correct, XB should be heading next towards the May 10 peak in the red wave three.
image.png
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

XBANKING is a non-custodial platform that lets you effortlessly stake on 140+ tokens, across 36 chains. You can watch their step-by-step guide below.

(Sources: https://xbanking.org/)

How Will XBANKING Trade?

XBANKING (Raydium: XBUSD) daily chart by Tradingview.
image.png
(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

XB will takeout the May 10 peak

XB will drop below the May 1 low

XB will stay in a trading range between the May 1 low and the May 10 peak until July 18

Posted Using InLeo Alpha

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46 comments
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XB will stay in a trading range between the May 1 low and the May 10 peak until July 18

Cheers!

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XB will drop below the May 1 low

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XB will stay in a trading range between the May 1 low and the May 10 peak until July 18

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XB will stay in a trading range between the May 1 low and the May 10 peak until July 18

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XB will takeout the May 10 peak

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XB will stay in a trading range between the May 1 low and the May 10 peak until July 18

!BEER
!BBH
!WINE

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XB will drop below the May 1 low
!BEER

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XB will takeout the May 10 peak

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Reply
avatar

XB will stay in a trading range between the May 1 low and the May 10 peak until July 18

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0.000
Reply
avatar

XB will stay in a trading range between the May 1 low and the May 10 peak until July 18

0
0
0.000
Reply
avatar

XB will stay in a trading range between the May 1 low and the May 10 peak until July 18

0
0
0.000
Reply
avatar

XB will drop below the May 1 low

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0.000
Reply