Offshift (Uniswap: XFTUSD) 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, XFT began a red wave one advance on February 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 14 and the red wave two (blue sub-waves a-b-c) correction ended on June 7. If this wave count is correct, XFT should be heading next towards the March 14 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Offshift is pioneering Private Decentralized Finance (PriFi) with an ecosystem of Private DeFi Applications that confer and protect various elements of privacy, anonymity, and confidentiality on Ethereum Layer 1. PriFi Guy reviewed the project one month ago.
(Sources: https://offshift.io/)
How Will Offshift Trade?
Offshift (Uniswap: XFTUSD) 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
XFT will takeout the March 14 peak
XFT will drop below the February 5 low
XFT will stay in a trading range between the February 5 low and the March 14 peak until August 7
XFT will stay in a trading range between the February 5 low and the March 14 peak until August 7
XFT will drop below the February
XFT will takeout the March 14 peak