Crypto Contest March 24: Infinity Economics

in steemleo •  5 years ago 

Infinity Economics (BitBay: XINBTC) 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, XIN began a wave one advance on October 1, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 4, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on March 3 this year. If this wave count is correct, XIN should be heading next towards the December 4, 2019 peak in the red wave three.

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

Funnymentals

Infinity Economics Platform has been a 100% community-led project since the outset. You can watch their intro video below.

(Sources: https://web.infinity-economics.org/)

How Will Infinity Economics Trade?

Infinity Economics (BitBay: XINBTC) daily chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

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.

XIN will takeout the December 2019 peak

XIN will drop below the October 2019 low

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

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XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will drop below the October 2019 low

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will drop below the October 2019 low

Correct. Upvoted your comment:
https://steemit.com/blockchain/@passat/q8kwhi

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will drop below the October 2019 low

Correct. Upvoted your comment:
https://steemit.com/blockchain/@tiktik/q8o0kn

XIN will takeout the December 2019 peak

XIN will takeout the December 2019 peak

XIN will takeout the December 2019 peak

XIN will drop below the October 2019 low

$rewarding 100

$rewarding 100

The reward of this comment goes 100 % to the author lydon.sipe. This is done by setting the beneficiaries of this comment to 100 %.

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will drop below the October 2019 low

Correct. Upvoted your comment:
https://steemit.com/blockchain/@aminator/q8gg3l

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

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XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will takeout the December 2019 peak

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XIN will takeout the December 2019 peak

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27

XIN will takeout the December 2019 peak

XIN will drop below the October 2019 low

XIN will takeout the December 2019 peak

XIN will stay in a trading range between the October 2019 low and the December 2019 peak until April 27