Crypto Contest April 3: Aevo

in #fbcrypto2 months ago

Aevo (Binance: AEVOUSDT) 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, AEVO began a red wave one advance on March 19. The red wave one peaked on March 21 and the red wave two correction ended on March 22. The red wave three finished on March 28 and the red wave four correction ended on April 1. If this wave count is correct, AEVO should be heading next towards the March 28 peak in the red wave five.

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

Funnymentals

Aevo is a decentralized derivatives exchange focused on options, perpetuals, and pre-launch trading. DataDash reviewed the project one month ago.

(Sources: https://www.aevo.xyz/)

How Will Aevo Trade?

Aevo (Binance: AEVOUSDT) 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

AEVO will takeout the March 28 peak

AEVO will drop below the March 19 low

AEVO will stay in a trading range between the March 19 low and the March 28 peak until May 9

Sort:  

AEVO will stay in a trading range between the March 19 low and the March 28 peak until May 9

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AEVO will drop below the March 19 low

AEVO will takeout the March 28 peak

AEVO will takeout the March 28 peak

AEVO will takeout the March 28 peak

AEVO will stay in a trading range between the March 19 low and the March 28 peak until May 9

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