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Crypto Contest August 9: Clover Finance

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25
Markus Aarnio
@maarnio
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Clover Finance (Binance: CLVUSDT) 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, CLV began a red wave one advance on August 3. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 4 and the red wave two (blue sub-waves a-b-c) correction ended on August 9. If this wave count is correct, CLV should be heading next towards the August 4 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

Clover Finance is a foundational layer for cross-chain compatibility. You can read their latest monthly report here. (Sources: https://clover.finance/)

How Will Clover Finance Trade?

Clover Finance (Binance: CLVUSDT) four-hour 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.

CLV will takeout the August 4 peak

CLV will drop below the August 3 low

CLV will stay in a trading range between the August 3 low and the August 4 peak until September 15

Posted Using LeoFinance Beta