Posts

Crypto Contest January 16: 1Sol

avatar of @maarnio
25
Markus Aarnio
@maarnio
·
·
0 views
·
1 min read

1Sol (Huobi: 1SOLUSDT) 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, 1SOL began a red wave one advance on December 15. The red wave one peaked on December 15 and the red wave two (blue sub-waves a-b-c) correction ended on January 11. If this wave count is correct, 1SOL should be heading next towards the December 15 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

1Sol is a cross-chain DEX aggregator on Solana. You can watch their explainer video below.

(Sources: https://1sol.io/)

How Will 1Sol Trade?

1Sol (Huobi: 1SOLUSDT) daily chart by Tradingview. (Chart courtesy of Tradingview.com(log scale))

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.

1SOL will takeout the December 15 peak

1SOL will drop below the December 15 low

1SOL will stay in a trading range between the December 15 low and the December 15 peak until February 23

Posted Using LeoFinance Beta