Crypto Contest January 30: Geist Finance
Geist Finance (Poloniex: GEISTUSDT) 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, GEIST began a red wave one advance on October 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 5 and the red wave two (blue sub-waves a-b-c) correction ended on January 27. If this wave count is correct, GEIST should be heading next towards the December 5 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))
Funnymentals
Geist Finance is a decentralized, non-custodial liquidity market protocol operating on the Fantom Opera blockchain. You can see their stats below. (Sources: https://geist.finance/)
How Will Geist Finance Trade?
Geist Finance (Poloniex: GEISTUSDT) 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.
GEIST will takeout the December 5 peak
GEIST will drop below the October 10 low
GEIST will stay in a trading range between the October 10 low and the December 5 peak until March 8
Posted Using LeoFinance Beta