Crypto Contest August 3: FuzeX

FuzeX (HitBTC: FXTBTC) 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, FuzeX began a wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 25, and the red wave two (blue sub-waves a-b-c) correction ended on July 31. If this wave count is correct, FuzeX should be heading next towards the June 25 peak in the red wave three.

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

Funnymentals

The FuzeX ecosystem provides real-time exchange between crypto and fiat currencies. You can watch their promo video below.

(Sources: FuzeX and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

About the author: TIMM Trader

Uniting Experts & Novices for Mutual Profit!