Yearn Finance DOT (Uniswap: YFDOTWETH) 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, YFDOT began a red wave one advance on November 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 26 and the red wave two (blue sub-waves a-b-c) correction ended on December 9. If this wave count is correct, YFDOT should be heading next towards the November 26 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
YFDOT is a yield farming platform. You can find their road map below.
(Sources: https://yfdot.finance/)
How Will Yearn Finance DOT Trade?
Yearn Finance DOT (Uniswap: YFDOTWETH) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers.
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.
YFDOT will takeout the November 26 peak
YFDOT will drop below the November 14 low
YFDOT will stay in a trading range between the November 14 low and the November 26 peak until January 27, 2021
YFDOT will takeout the November 26 peak
YFDOT will takeout the November 26 peak