Crypto Contest July 7: Digitex Futures

Digitex Futures (HitBTC: DGTXBTC) 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 wave one advance on June 2. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 17, and the red wave two (blue sub-waves a-b-c) correction ended on June 26. If this wave count is correct, DGTX should be heading next towards the June 17 peak in the red wave three.

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

Funnymentals

Digitex Futures is a zero-fee, non-custodial futures exchange with its own base currency, the DGTX token. You can watch their promo video below.

(Sources: Digitex Futures 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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