Crypto Contest June 18: BABB
BABB (KuCoin: BAXUSDT) 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, BAX began a red wave one advance on April 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 7 and the red wave two (blue sub-waves a-b-c) correction ended on May 23. If this wave count is correct, BAX should be heading next towards the May 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the line chart, I believe BAX is currently in the red wave three (blue sub-wave iii). The red wave one began in December 2020 and the red wave two correction ended on April 23 this year.
(Chart courtesy of CoinMarketCap.com)
Funnymentals
Babb is using technology to bypass traditional banking networks and expensive 3rd parties to facilitate borderless P2P transactions across the globe. UNDERDOG CRYPTO reviewed the project back in April this year.
(Sources: https://getbabb.com/)How Will BABB Trade?
BABB (KuCoin: BAXUSDT) 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.
BAX will takeout the May 7 peak
BAX will drop below the April 23 low
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
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BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will takeout the May 7 peak
!BEER
!LUV
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!LUV
!PIZZA
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@valentin86! I sent you a slice of $PIZZA on behalf of @maarnio.
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View or trade
BEER
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View or trade
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.BAX will drop below the April 23 low
$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 %.
BAX will takeout the May 7 peak
BAX permanecerá en un rango de negociación entre el mínimo del 23 de abril y el pico del 7 de mayo hasta el 25 de julio.
BAX will takeout the May 7 peak
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
!WINE
!LUV
!PIZZA
!BEER
@maarnio! I sent you a slice of $PIZZA on behalf of @eii.
Learn more about $PIZZA Token at hive.pizza (4/10)
!WINE
!LUV
!PIZZA
!BEER
Posted Using LeoFinance Beta
@eii! I sent you a slice of $PIZZA on behalf of @maarnio.
Learn more about $PIZZA Token at hive.pizza (2/10)
View or trade
BEER
.Hey @eii, here is a little bit of
BEER
from @maarnio for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER
.@maarnio, you were given LUV from @eii. About LUV: https://peakd.com/@luvshares
View or trade
BEER
.Hey @maarnio, here is a little bit of
BEER
from @eii for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER
.BAX will takeout the May 7 peak
BAX will takeout the May 7 peak
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
Posted Using LeoFinance Beta
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author limit1984. This is done by setting the beneficiaries of this comment to 100 %.
BAX will takeout the May 7 peak
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author sait. This is done by setting the beneficiaries of this comment to 100 %.
BAX will takeout the May 7 peak
BAX will takeout the May 7 peak
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author muscarno. This is done by setting the beneficiaries of this comment to 100 %.
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author zazamorton. This is done by setting the beneficiaries of this comment to 100 %.
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author mshares. This is done by setting the beneficiaries of this comment to 100 %.
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author pipp. This is done by setting the beneficiaries of this comment to 100 %.
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author monnet. This is done by setting the beneficiaries of this comment to 100 %.
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author oneacc. This is done by setting the beneficiaries of this comment to 100 %.
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author voice71. This is done by setting the beneficiaries of this comment to 100 %.
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author aminator. This is done by setting the beneficiaries of this comment to 100 %.
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author howyou. This is done by setting the beneficiaries of this comment to 100 %.
BAX will takeout the May 7 peak
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author gerhunt. This is done by setting the beneficiaries of this comment to 100 %.
BAX will takeout the May 7 peak
BAX will takeout the May 7 peak
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author pacu. This is done by setting the beneficiaries of this comment to 100 %.
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author jorgebgt. This is done by setting the beneficiaries of this comment to 100 %.
BAX will takeout the May 7 peak
Posted Using LeoFinance Beta
BAX will drop below the April 23 low
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author koskl. This is done by setting the beneficiaries of this comment to 100 %.
BAX will stay in a trading range between the April 23 low and the May 7 peak until July 25