Crypto Contest March 15: CyberFi Token
CyberFi Token (Uniswap: CFIWETH) 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, CFI began a red wave one advance on January 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 26 and the red wave two (blue sub-waves a-b-c) correction ended on February 21. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on March 3 and the red wave four (blue sub-waves a-b-c) correction ended on March 13. If this wave count is correct, CFI should be heading next towards the March 3 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
CyberFi offers automated DeFi trading and farming, smaller fees and tools for impermanent loss mitigation. Decentralised Chain interviewed the CEO three months ago.
(Sources: https://cyberfi.tech/)How Will CyberFi Token Trade?
CyberFi Token (Uniswap: CFIWETH) 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.
CFI will takeout the March 3 peak
CFI will drop below the February 21 low
CFI will stay in a trading range between the February 21 low and the March 3 peak until April 21
CFI will takeout the March 3 peak
Correct. Upvoted your post:
https://steemit.com/steemit/@simonjay/daily-steem-price-update-12-4-2021
CFI will stay in a trading range between the February 21 low and the March 3 peak until April 21
CFI will stay in a trading range between the February 21 low and the March 3 peak until April 21
CFI will takeout the March 3 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@maltoz/qr6jkx
CFI will takeout the March 3 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@faki/qral75
CFI will drop below the February 21 low
CFI will drop below the February 21 low
CFI will drop below the February 21 low
CFI will drop below the February 21 low
CFI will stay in a trading range between the February 21 low and the March 3 peak until April 21