Bird.Money (Uniswap: BIRDWETH) 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, BIRD began a red wave one advance on January 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 28 and the red wave two (blue sub-waves a-b-c) correction ended on February 5. If this wave count is correct, BIRD should be heading next towards the January 28 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the daily chart, I believe BIRD is currently in the red wave three (blue sub-wave iii). The red wave one began on November 21, 2020, and the red wave two correction ended on January 11 this year.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Bird.Money offers off-chain API interface for third party integration with other companies, developers and deFi apps. Decentralised Chain interviewed Alex Kirby from Bird.money two days ago.
How Will Bird.Money Trade?
Bird.Money (Uniswap: BIRDWETH) 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.
BIRD will takeout the January 28 peak
BIRD will drop below the January 11 low
BIRD will stay in a trading range between the January 11 low and the January 28 peak until March 19
BIRD will takeout the January 28 peak
Correct. Upvoted your comment:
https://blurtter.com/cryptoblurt/@misslea/qqnso2
BIRD will takeout the January 28 peak
Correct.