Crypto Contest January 8: Unifi Protocol DAO

in #blockchain4 years ago

Unifi Protocol DAO (Binance: UNFIUSDT) 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, UNFI began a red wave one advance on November 26, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 13, 2020 and the red wave two (blue sub-waves a-b-c) correction ended on January 2 this year. If this wave count is correct, UNFI should be heading next towards the December 13, 2020 peak in the red wave three.

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

Funnymentals

Unifi Protocol DAO is a group of non-custodial, interoperable, decentralized, multi-chain smart contracts providing the building blocks for DeFi development. Crypto expat reviewed the staking four days ago.

(Sources: https://www.unifiprotocol.com/)

How Will Unifi Protocol DAO Trade?

Unifi Protocol DAO (Binance: UNFIUSDT) daily chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

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.

UNFI will takeout the December 8, 2020 peak

UNFI will drop below the November 26, 2020 low

UNFI will stay in a trading range between the November 26, 2020 low and the December 8, 2020 peak until February 14

Sort:  

UNFI will stay in a trading range between the November 26, 2020 low and the December 8, 2020 peak until February 14

UNFI will drop below the November 26, 2020 low

UNFI will stay in a trading range between the November 26, 2020 low and the December 8, 2020 peak until February 14

UNFI will takeout the December 8, 2020 peak

UNFI will stay in a trading range between the November 26, 2020 low and the December 8, 2020 peak until February 14

UNFI will stay in a trading range between the November 26, 2020 low and the December 8, 2020 peak until February 14

UNFI will stay in a trading range between the November 26, 2020 low and the December 8, 2020 peak until February 14

UNFI will stay in a trading range between the November 26, 2020 low and the December 8, 2020 peak until February 14

UNFI will stay in a trading range between the November 26, 2020 low and the December 8, 2020 peak until February 14

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