deBridge (KuCoin: DBRUSDT) 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, DBR began a red wave one advance on November 2. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 10 and the red wave two (blue sub-waves a-b-c) correction ended on November 13. If this wave count is correct, DBR should be heading next towards the November 10 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
deBridge is DeFi's internet of liquidity, enabling real-time movement of assets and information across the DeFi landscape. Jupiter Exchange reviewed the project one month ago.
(Sources: https://debridge.finance/)
How Will deBridge Trade?
deBridge (KuCoin: DBRUSDT) 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
DBR will takeout the November 10 peak
DBR will drop below the November 2 low
DBR will stay in a trading range between the November 2 low and the November 10 peak until December 20
DBR will takeout the November 10 peak
DBR will stay in a trading range between the November 2 low and the November 10 peak until December 20
DBR will drop below the November 2 low