Crypto Contest May 27: Wallet Plus X

Wallet Plus X (Bithumb: WPXKRW) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, WPX began a red wave one advance on May 14. The red wave one finished on May 17, and the red wave two correction ended on May 20. The red wave three advance finished on May 22, and the red wave four correction ended on May 24. If this wave count is correct, WPX should be heading next towards the May 22 peak in the red wave five.

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

Funnymentals

WPLUS is a crypto service platform wallet.

(Sources: https://wplus.io/)

How Will WPX Trade?

Wallet Plus X (Bithumb: WPXKRW) four-hour 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.

WPX will takeout the May 22 peak

WPX will drop below the May 14 low

WPX will stay in a trading range between the May 14 low and the May 22 peak until July 1

Posted Using LeoFinance