Crypto Contest December 20: Axelar

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Axelar (CRYPTO: AXLUSD) 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, AXL began a red wave one advance on December 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 15 and the red wave two (blue sub-waves a-b-c) correction ended on December 18. If this wave count is correct, AXL should be heading next towards the December 15 peak in the red wave three.

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

Funnymentals

Axelar delivers secure cross-chain communication for Web3. COINTROL reviewed the project four months ago.

(Sources: https://axelar.network/)

How Will Axelar Trade?

Axelar (CRYPTO: AXLUSD) 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.

AXL will takeout the December 15 peak

AXL will drop below the December 13 low

AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

Posted Using LeoFinance Beta

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35 comments
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AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

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AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

!WINE
!hivebits
!PIZZA
!LOLZ
!BBH
!CTP
!ENGAGE 100
!LUV
!BEER

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!WINE
!hivebits
!PIZZA
!LOLZ
!BBH
!CTP
!ENGAGE 100
!LUV
!BEER

Posted Using LeoFinance Beta

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AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

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avatar

AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

0
0
0.000
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avatar

AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

0
0
0.000
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avatar

AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

Posted Using LeoFinance Beta

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AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

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AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

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0
0.000
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AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26.

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0.000
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AXL will drop below the December 13 low

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0
0.000
Reply
avatar

AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

0
0
0.000
Reply
avatar

AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

0
0
0.000
Reply
avatar

AXL will stay in a trading range between the December 13 low and the December 15 peak until January 26

0
0
0.000
Reply
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AXL will drop below the December 13 low

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