Crypto Contest May 2: DigitalBits
DigitalBits (KuCoin: XDBUSDT) 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, XDB began a red wave one advance on October 31, 2020. The red wave one peaked on December 7, 2020 and the red wave two correction ended on January 3 this year. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on March 13 and the red wave four (blue sub-waves a-b-c) correction ended on April 22. If this wave count is correct, XDB should be heading next towards the March 13 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
DigitalBits is a protocol layer blockchain designed to support consumer digital assets, specifically brand currencies. You can watch their latest quarterly update below.
(Sources: https://digitalbits.io/)How Will DigitalBits Trade?
DigitalBits (KuCoin: XDBUSDT) 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.
XDB will takeout the March 13 peak
XDB will drop below the February 25 low
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
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XDB will takeout the March 13 peak
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$rewarding
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The reward of this comment goes 100 % to the author jfang003. This is done by setting the beneficiaries of this comment to 100 %.
XDB will drop below the February 25 low
XDB will takeout the March 13 peak
$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 %.
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
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BEER.XDB will takeout the March 13 peak
$rewarding
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The reward of this comment goes 100 % to the author jhonnygo. This is done by setting the beneficiaries of this comment to 100 %.
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author joseph230. This is done by setting the beneficiaries of this comment to 100 %.
Thanks!
Thank you!
You are welcome.
Posted Using LeoFinance Beta
XDB will drop below the February 25 low
XDB will takeout the March 13 peak
Posted Using LeoFinance Beta
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author yefet. This is done by setting the beneficiaries of this comment to 100 %.
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author yova. This is done by setting the beneficiaries of this comment to 100 %.
XDB will takeout the March 13 peak
$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 %.
XDB will takeout the March 13 peak
Posted Using LeoFinance Beta
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author funnel. This is done by setting the beneficiaries of this comment to 100 %.
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
XDB will drop below the February 25 low
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author dangerousattack. This is done by setting the beneficiaries of this comment to 100 %.
XDB will drop below the February 25 low
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author mhsm. This is done by setting the beneficiaries of this comment to 100 %.
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author verhollo. This is done by setting the beneficiaries of this comment to 100 %.
XDB will drop below the February 25 low
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
XDB will drop below the February 25 low
XDB will takeout the March 13 peak
$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 %.
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
XDB will drop below the February 25 low
XDB will takeout the March 13 peak
$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 %.
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
XDB will drop below the February 25 low
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author nezyar. This is done by setting the beneficiaries of this comment to 100 %.
XDB will drop below the February 25 low
XDB will drop below the February 25 low
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author without. This is done by setting the beneficiaries of this comment to 100 %.
XDB will drop below the February 25 low
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author mlkk. This is done by setting the beneficiaries of this comment to 100 %.
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author telcall. This is done by setting the beneficiaries of this comment to 100 %.
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
XDB will stay in a trading range between the February 25 low and the March 13 peak until June 8
XDB will drop below the February 25 low
XDB will takeout the March 13 peak
Posted Using LeoFinance Beta
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author hykss. This is done by setting the beneficiaries of this comment to 100 %.
XDB will takeout the March 13 peak
$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 %.
XDB will takeout the March 13 peak
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author necho41. This is done by setting the beneficiaries of this comment to 100 %.
XDB will takeout the March 13 peak
Posted Using LeoFinance Beta
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author any123. This is done by setting the beneficiaries of this comment to 100 %.
XDB will takeout the March 13 peak
Posted Using LeoFinance Beta
$rewarding
Posted Using LeoFinance Beta
The reward of this comment goes 100 % to the author novelcoronavirus. This is done by setting the beneficiaries of this comment to 100 %.