Cryptocurrencies

Crypto Contest May 24: Bibox Token

Bibox Token (Huobi: BIXUSDT) 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, Bibox Token began a wave one advance on February 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 3, and the red wave two (blue sub-waves a-b-c) correction ended on May 10. If this wave count is correct, Bibox Token should be heading next towards the April 3 peak in the red wave three.

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

Funnymentals

Bibox is an AI-enhanced encrypted digital asset exchange. SMC Capital interviewed the co-founder earlier this year.

(Sources: Bibox Token and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

Related posts

The Sunday Crypto Recap – Down the Rabbit Hole 80

cryptos-decrypted

Crypto Contest June 2: Metadium

Markus Aarnio

Bitcoin: Counting Down to a Breakout

Workin

Get involved!

Comments

No comments yet
Skip to toolbar