Boosted Finance (Uniswap: BOOSTWETH) 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, BOOST began a red wave one advance on November 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 21 and the red wave two (blue sub-waves a-b-c) correction ended on December 2. If this wave count is correct, BOOST should be heading next towards the November 21 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Boosted Finance is equally fair DeFi protocol with compounded value generation. Gabriel Haines reviewed the project back in October.
How Will Boosted Finance Trade?
Boosted Finance (Uniswap: BOOSTWETH) four-hour 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.
BOOST will takeout the November 21 peak
BOOST will drop below the November 18 low
BOOST will stay in a trading range between the November 18 low and the November 21 peak until January 9, 2021
BOOST will stay in a trading range between the November 18 low and the November 21 peak until January 9, 2021
Correct.
BOOST will drop below the November 18 low