Crypto Contest January 11: Fuse Network

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Fuse Network (Uniswap: FUSEUSD) has broken out of the triangle pattern in the four-hour chart.

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(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, FUSE began a red wave one advance on December 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 6 and the red wave two (blue sub-waves a-b-c) correction ended on January 8. If this wave count is correct, FUSE should be heading next towards the January 6 peak in the red wave three.

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(Chart courtesy of Tradingview.com)

Funnymentals

Fuse Network offers mobile-first payments & DeFi on an Ethereum-compatible, delegated proof of stake blockchain. Crypto AV reviewed the project last week.

(Sources: https://fuse.io/)

How Will Fuse Network Trade?

Fuse Network (Uniswap: FUSEUSD) four-hour chart by Tradingview.

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(Chart courtesy of Tradingview.com)

Prizes

I will be giving upvotes to the correct answers (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.

FUSE will takeout the January 6 peak

FUSE will drop below the December 23 low

FUSE will stay in a trading range between the December 23 low and the January 6 peak until February 18

Posted Using LeoFinance Beta