BABB (KuCoin: BAXETH) 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 wave one advance in October 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2019, and the red wave two (blue sub-waves a-b-c) correction ended in April this year. If this wave count is correct, BAX should be heading next towards the December 2019 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BABB is using blockchain technology to bypass traditional banking networks and expensive 3rd parties to facilitate borderless fundraising and P2P transactions. You can read their latest newsletter here.
(Sources: https://getbabb.com/)
How Will BABB Trade?
BABB (KuCoin: BAXETH) 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 April 2 peak
BAX will drop below the April 20 low
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13
Posted Using LeoFinance
BAX will drop below the April 20 low
BAX will drop below the April 20 low
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13
BAX will takeout the April 2 peak
Correct. Upvoted your post:
https://hive.blog/art/@bitandi/holz-kunstwerk-in-bad-krozingen-wood-artwork-in-bad-krozingen-deu-eng
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@frit/qas9lh
BAX will drop below the April 20 low
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13
BAX will drop below the April 20 low
BAX will drop below the April 20 low
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13
BAX WILL TAKEOUT APRIL 2 PEAK
Correct. Upvoted your post:
https://hive.blog/clean/@ryan313/the-future-of-power-storage
Thanks!!
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@koskl/re-maarnio-qar1e3
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@monnet/qarzud
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/gaming/@gregory-f/qavazy
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13
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.BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@oneacc/qaryps
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/wednesdaywalk/@kunschj/re-johannpiber-2020527t121412952z
BAX will drop below the April 20 low
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@aminator/qaq4xf
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@seemoon/qaq2we
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@limit1984/qaq1wx
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@asetat/qaq3yw
BAX will drop below the April 20 low
BAX will drop below the April 20 low
BAX will takeout the April 2 peak
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@sait/qaq3ii
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13
BAX will takeout the April 2 peak
Correct. Upvoted your post:
https://hive.blog/bnwphotography/@fredkese/black-and-white-photography-204
Thank you
BAX will stay in a trading range between the April 20 low and the April 2 peak until June 13