DeFiChain (CoinMarketCap: DFIUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of CoinMarketCap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, DFI began a red wave one advance on July 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 24 and the red wave two (blue sub-waves a-b-c) correction ended on November 3. If this wave count is correct, DFI should be heading next towards the August 24 peak in the red wave three.
(Chart courtesy of CoinMarketCap.com (log scale))
Funnymentals
DeFiChain is enabling DeFi on Bitcoin. Bittrex Global held AMA with Julian Hosp three weeks ago.
(Sources: https://defichain.com/)How Will DeFiChain Trade?
DeFiChain (CoinMarketCap: DFIUSD) line chart by CoinMarketCap.
(Chart courtesy of CoinMarketCap.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.
DFI will takeout the August 24 peak
DFI will drop below the July 3 low
DFI will stay in a trading range between the July 3 low and the August 24 peak until December 19