Flux (KuCoin: FLUXUSDT) has broken out of the triangle pattern in the four-hour chart.
![](https://i.postimg.cc/85hh1G8n/nimet-n.png
)(Chart courtesy of Tradingview.com(log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, FLUX began a red wave one advance on October 21. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 25 and the red wave two (blue sub-waves a-b-c) correction ended on October 30. If this wave count is correct, FLUX should be heading next towards the October 25 peak in the red wave three.
![](https://i.postimg.cc/Twzfc8pG/nimet-n2.png
)(Chart courtesy of Tradingview.com(log scale))

Zooming out in the daily chart, I believe FLUX is currently in the red wave three. The red wave one began on July 20 and the red wave two correction ended on September 29.
![](https://i.postimg.cc/k5ZmnrN8/nimet-n3.png
)(Chart courtesy of Tradingview.com(log scale))

**Funnymentals**

Flux offers scalable decentralized cloud infrastructure. Erfan Ej reviewed the project four days ago.
<iframe width="560" height="315" src="https://www.youtube.com/embed/2tM25P2YWPk" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

(Sources: https://www.runonflux.io/)

**How Will Flux Trade?**

Flux (KuCoin: FLUXUSDT) four-hour chart by Tradingview.
![](https://i.postimg.cc/13vkRx0B/nimet-n4.png
)(Chart courtesy of Tradingview.com(log scale))

**Prizes**


I will be giving upvotes to the correct answers with minimum reputation of 25 (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.

FLUX will takeout the October 25 peak

FLUX will drop below the October 21 low

FLUX will stay in a trading range between the October 21 low and the October 25 peak until December 9



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@maarnio/crypto-contest-november-1-flux)