Crypto Contest April 24: OKExChain

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OKExChain (OKEx: OKTBTC) 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, OKT began a red wave one advance on March 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 8 and the red wave two (blue sub-waves a-b-c) correction ended on April 20. If this wave count is correct, OKT should be heading next towards the April 8 peak in the red wave three.

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

Zooming out in the daily chart, I believe OKT is currently in the red wave three (blue sub-wave iii). The red wave one began on February 9 and the red wave two correction ended on March 22.

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

Funnymentals

OKT is the native token of the OKExChain ecosystem, providing immediate utility and benefits — such as voting rights, staking privileges and transaction fee payment — for decentralized exchanges and other DeFi applications built on the network. You can read their latest monthly report here.

(Sources: https://www.okex.com/okexchain)

How Will OKExChain Trade?

OKExChain (OKEx: OKTBTC) 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.

OKT will takeout the April 8 peak

OKT will drop below the March 22 low

OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

Posted Using LeoFinance Beta



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105 comments
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OKT will takeout the April 8 peak

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$rewarding

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The reward of this comment goes 100 % to the author siomara-2018. This is done by setting the beneficiaries of this comment to 100 %.

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OKT will takeout the April 8 peak

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$rewarding

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The reward of this comment goes 100 % to the author gregory-f. This is done by setting the beneficiaries of this comment to 100 %.

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

!WINE
!LUV
!PIZZA
!BEER
for you

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

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OKT will takeout the April 8 peak

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$rewarding

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

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OKT will takeout the April 8 peak

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$rewarding

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The reward of this comment goes 100 % to the author geytzy1995-hanna. This is done by setting the beneficiaries of this comment to 100 %.

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OKT will takeout the April 8 peak

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$rewarding

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

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

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OKT will drop below the March 22 low

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OKT will takeout the April 8 peak

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$rewarding

Posted Using LeoFinance Beta

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

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OKT will drop below the March 22 low

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OKT will takeout the April 8 peak

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$rewarding

Posted Using LeoFinance Beta

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

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

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OKT will takeout the April 8 peak

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$rewarding

Posted Using LeoFinance Beta

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

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OKT will drop below the March 22 low

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

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(Edited)

OKT will takeout the April 8 peak
!LUV

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$rewarding

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

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

0
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OKT will drop below the March 22 low

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OKT will takeout the April 8 peak

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$rewarding

Posted Using LeoFinance Beta

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

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OKT will drop below the March 22 low

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

0
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0.000
avatar

OKT will drop below the March 22 low

0
0
0.000
avatar

OKT will takeout the April 8 peak

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0.000
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$rewarding

Posted Using LeoFinance Beta

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

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OKT will takeout the April 8 peak

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$rewarding

Posted Using LeoFinance Beta

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

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

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0.000
avatar

OKT will drop below the March 22 low

0
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0.000
avatar

OKT will takeout the April 8 peak

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0.000
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$rewarding

Posted Using LeoFinance Beta

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

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OKT will takeout the April 8 peak

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$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author joseph230. This is done by setting the beneficiaries of this comment to 100 %.

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

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0.000
avatar

OKT will drop below the March 22 low

0
0
0.000
avatar

OKT will takeout the April 8 peak

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0
0.000
avatar

$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author without. This is done by setting the beneficiaries of this comment to 100 %.

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

0
0
0.000
avatar

OKT will takeout the April 8 peak

0
0
0.000
avatar

$rewarding

Posted Using LeoFinance Beta

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

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OKT will takeout the April 8 peak

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$rewarding

Posted Using LeoFinance Beta

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

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OKT will drop below the March 22 low

0
0
0.000
avatar

OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

0
0
0.000
avatar

OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

0
0
0.000
avatar

OKT will takeout the April 8 peak

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0.000
avatar

$rewarding

Posted Using LeoFinance Beta

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The reward of this comment goes 100 % to the author rebe.torres12. This is done by setting the beneficiaries of this comment to 100 %.

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OKT will stay in a trading range between the March 22 low and the April 8 peak until May 31

0
0
0.000
avatar

OKT will takeout the April 8 peak

0
0
0.000
avatar

$rewarding

Posted Using LeoFinance Beta

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

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