Crypto Contest October 8: AllianceBlock Nexera

M
maarnio

AllianceBlock Nexera (KuCoin: NXRAUSDT) 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, NXRA began a red wave one advance on June 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 21 and the red wave two (blue sub-waves a-b-c) correction ended on September 27. If this wave count is correct, NXRA should be heading next towards the July 21 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

AllianceBlock Nexera is building the infrastructure of a decentralized tokenized market. Crypto Empire reviewed the project one month ago.

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

How Will AllianceBlock Nexera Trade?

AllianceBlock Nexera (KuCoin: NXRAUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

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

NXRA will takeout the July 21 peak

NXRA will drop below the June 12 low

NXRA will stay in a trading range between the June 12 low and the July 21 peak until November 14

Comments