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Crypto Contest April 2: Kondux

maarnio - 2024-04-02 13:10:03

Kondux (Uniswap: KNDXUSD) has broken out of the triangle pattern in the daily chart.
https://i.postimg.cc/xddyZJtD/Nimet-n.png
(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, KNDX began a red wave one advance on February 10. The red wave one peaked on February 28 and the red wave two correction ended on March 5. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on March 11 and the red wave four (blue sub-waves a-b-c) correction ended on March 22. If this wave count is correct, KNDX should be heading next towards the March 11 peak in the red wave five.
https://i.postimg.cc/h4s72fgb/nimet-n2.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


Kondux a virtual design lab for artists and brands. Crypto Bellwether reviewed the project three weeks ago.



(Sources: https://kondux.info/)


How Will Kondux Trade?


Kondux (Uniswap: KNDXUSD) daily chart by Tradingview.
https://i.postimg.cc/X75FwF42/nimet-n3.png
(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


KNDX will takeout the March 11 peak


KNDX will drop below the March 5 low


KNDX will stay in a trading range between the March 5 low and the March 11 peak until May 8