Crypto Contest April 7: Saffron.Finance
saffron.finance (Uniswap: SFIWETH) 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, SFI began a red wave one advance on January 4. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 8 and the red wave two (blue sub-waves a-b-c) correction ended on March 31. If this wave count is correct, SFI should be heading next towards the March 8 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))
Funnymentals
saffron.finance is a asset collateralization and customized risk protocol for DeFi. Coach K reviewed the project four months ago.
(Sources: https://saffron.finance/)How Will saffron.finance Trade?
saffron.finance (Uniswap: SFIWETH) 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.
SFI will takeout the March 8 peak
SFI will drop below the January 4 low
SFI will stay in a trading range between the January 4 low and the March 8 peak until May 14
Posted Using LeoFinance Beta