Crypto Contest August 31: Digitex Futures

in #blockchain4 years ago

Digitex Futures (HitBTC: DGTXUSD) 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, DGTX began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 29, and the red wave two (blue sub-waves a-b-c) correction ended on August 25. If this wave count is correct, DGTX should be heading next towards the July 29 peak in the red wave three.

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

Funnymentals

Digitex Futures is a commission-free cryptocurrency futures exchange with a rapid-fire one-click trading ladder and high leverage. You can watch their latest update below.

(Sources: https://digitexfutures.com/)

How Will Digitex Futures Trade?

Digitex Futures (HitBTC: DGTXUSD) 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.

DGTX will takeout the July 29 peak

DGTX will drop below the May 10 low

DGTX will stay in a trading range between the May 10 low and the July 29 peak until October 6

Sort:  

DGTX will stay in a trading range between the May 10 low and the July 29 peak until October 6

DGTX will stay in a trading range between the May 10 low and the July 29 peak until October 6

DGTX will stay in a trading range between the May 10 low and the July 29 peak until October 6

DGTX will takeout the July 29 peak

DGTX will drop below the May 10 low

DGTX will stay in a trading range between the May 10 low and the July 29 peak until October 6

DGTX will stay in a trading range between the May 10 low and the July 29 peak until October 6

DGTX will drop below the May 10 low

DGTX will takeout the July 29 peak

DGTX will takeout the July 29 peak

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