Crypto Contest September 22: TokenFi

TokenFi (Bybit: TOKENUSDT) 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, TOKEN began a red wave one advance on August 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 21 and the red wave two (blue sub-waves a-b-c) correction ended on September 6. If this wave count is correct, TOKEN should be heading next towards the August 21 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

TokenFi aims to simplify the crypto and asset tokenization process and eventually become the foremost tokenization platform in the world. Coinsider reviewed the project four months ago.

(Sources: https://tokenfi.com/)

How Will TokenFi Trade?

TokenFi (Bybit: TOKENUSDT) daily chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

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

TOKEN will takeout the August 21 peak

TOKEN will drop below the August 5 low

TOKEN will stay in a trading range between the August 5 low and the August 21 peak until October 28

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