Crypto Contest May 30: APIX

APIX (Bithumb: APIXKRW) 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, APIX began a red wave one advance on May 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 19, and the red wave two (blue sub-waves a-b-c) correction ended on May 21. If this wave count is correct, APIX should be heading next towards the May 19 peak in the red wave three.

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

Funnymentals

APIS offers Masternode, PoS, and DPoS mining.

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

How Will APIX Trade?

APIX (Bithumb: APIXKRW) 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.

APIX will takeout the May 19 peak

APIX will drop below the May 10 low

APIX will stay in a trading range between the May 10 low and the May 19 peak until July 4

Posted Using LeoFinance