Crypto Contest January 2: Arbidex

January 02 12:51 2019

Arbidex (Coinmarketcap: ABXUSD) has broken out of the triangle pattern in the line chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Arbidex began a wave one advance on August 31, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 1, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on December 16, 2018. If this wave count is correct, Arbidex should be heading next towards the November 1, 2018 peak in the red wave three.

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

Funnymentals

Arbidex compares the rates of сryptocurrency assets at multiple major exchanges and provides users with the best available rates in real time and with one interface. CryptoCoinShow interviewed Kamilia Arslanova, CEO of Arbidex, on December 24, 2018.

(Sources: Arbidex and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) “Arbidex will takeout the November 1, 2018 peak”.

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) “Arbidex will drop below the August 31, 2018 low”.

If you think Arbidex is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “Arbidex will stay in a trading range between the August 31, 2018 low and the November 1, 2018 peak until February 6”.

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

You can upvote the comment until 3 PM EST January 5 and you can upvote only one comment. 50% of liquid STEEM + SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).

Bonus 1

I will be sending one Trophy Token (@trophy-token) to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.

Bonus 2

Upvote the right comment and the main post with at least $0.10 and you will get 3 x the winning prize.

  Article "tagged" as:
  Categories:
view more articles

About Article Author

Markus Aarnio
Markus Aarnio

I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

View More Articles
write a comment

0 Comments

No Comments Yet!

You can be the one to start a conversation.

Add a Comment