Crypto Contest July 3: XMax

XMax (Huobi: XMXBTC) 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, XMax began a wave one advance on May 26. The red wave one finished on June 8, and the red wave two correction ended on June 17. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on June 28, and the red wave four correction ended on July 2. If this wave count is correct, XMax should be heading next towards the June 28 peak in the red wave five.

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

Funnymentals

XMax is a blockchain entertainment developer ecosystem. Crypto Love interviewed the CEO last year.

(Sources: XMax and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

About the author: TIMM Trader

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