Crypto Contest May 21: ALEX Lab

M
maarnio

ALEX Lab (MEXC: ALEXUSDT) 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, ALEX began a red wave one advance on May 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 8 and the red wave two (blue sub-waves a-b-c) correction ended on May 19. If this wave count is correct, ALEX should be heading next towards the May 8 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

ALEX is building the fastest BRC20 DEX. Francis Dhun Uncensored reviewed the project four days ago.

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

How Will ALEX Lab Trade?

ALEX Lab (MEXC: ALEXUSDT) four-hour 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

ALEX will takeout the May 8 peak

ALEX will drop below the May 1 low

ALEX will stay in a trading range between the May 1 low and the May 8 peak until June 26

Comments