Crypto Contest November 16: YFDAI.FINANCE
YFDAI.FINANCE (KuCoin: YFDAIUSDT) has broken out of the triangle pattern in the four-hour chart. (Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, YFDAI began a red wave one advance on October 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 22 and the red wave two (blue sub-waves a-b-c) correction ended on November 9. If this wave count is correct, YFDAI should be heading next towards the October 22 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))
Funnymentals
YFDAI.FINANCE is bridging the worlds of traditional finance & decentralized networks. You can watch their intro video below.
(Sources: https://yfdai.finance/)
How Will YFDAI.FINANCE Trade?
YFDAI.FINANCE (KuCoin: YFDAIUSDT) four-hour 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.
YFDAI will takeout the October 22 peak
YFDAI will drop below the October 20 low
YFDAI will stay in a trading range between the October 20 low and the October 22 peak until December 23
Posted Using LeoFinance Beta