Crypto Contest February 25: Symbiosis Finance

in #fbcrypto2 years ago

Symbiosis Finance (Huobi: SISUSDT) 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, SIS began a red wave one advance on February 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 22 and the red wave two (blue sub-waves a-b-c) correction ended on February 24. If this wave count is correct, SIS should be heading next towards the February 22 peak in the red wave three.

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

Funnymentals

Symbiosis Finance is a multi-chain liquidity enabler. You can watch their intro video below.

(Sources: https://symbiosis.finance/)

How Will Symbiosis Finance Trade?

Symbiosis Finance (Huobi: SISUSDT) 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.

SIS will takeout the February 22 peak

SIS will drop below the February 20 low

SIS will stay in a trading range between the February 20 low and the February 22 peak until April 4

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SIS will stay in a trading range between the February 20 low and the February 22 peak until April 4

SIS will drop below the February 20 low

SIS will takeout the February 22 peak

SIS will stay in a trading range between the February 20 low and the February 22 peak until April 4

SIS will takeout the February 22 peak

SIS will stay in a trading range between the February 20 low and the February 22 peak until April 4

SIS will stay in a trading range between the February 20 low and the February 22 peak until April 4

SIS will takeout the February 22 peak

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