Puffer (Bybit: PUFFERUSDT) 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, PUFFER began a red wave one advance on October 14. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 15 and the red wave two (blue sub-waves a-b-c) correction ended on October 25. If this wave count is correct, PUFFER should be heading next towards the October 15 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Puffer is a decentralized platform designed to enhance Ethereum's scalability and security through innovative restaking and rollup solutions. Satoshi Club reviewed the project two weeks ago.
(Sources: https://www.puffer.fi/)
How Will Puffer Trade?
Puffer (Bybit: PUFFERUSDT) four-hour 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
PUFFER will takeout the October 15 peak
PUFFER will drop below the October 14 low
PUFFER will stay in a trading range between the October 14 low and the October 15 peak until December 8
PUFFER will stay in a trading range between the October 14 low and the October 15 peak until December 8
PUFFER will drop below the October 14 low