Crypto Contest March 3: Atlas DEX

in #fbcrypto2 years ago

Atlas DEX (Huobi: ATSUSDT) 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, ATS began a red wave one advance on January 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 2 and the red wave two (blue sub-waves a-b-c) correction ended on February 25. If this wave count is correct, ATS should be heading next towards the February 2 peak in the red wave three.

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

Funnymentals

Atlas DEX is a cross-chain DEX built on the Solana blockchain with the main purpose of providing users with aggregated liquidity through a single user-friendly UI. Akahilz Tube reviewed the project last month.

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

How Will Atlas DEX Trade?

Atlas DEX (Huobi: ATSUSDT) 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.

ATS will takeout the February 2 peak

ATS will drop below the January 25 low

ATS will stay in a trading range between the January 25 low and the February 2 peak until April 10

Sort:  

ATS will stay in a trading range between the January 25 low and the February 2 peak until April 10

ATS will takeout the February 2 peak

ATS will drop below the January 25 low

ATS will drop below the January 25 low

ATS will takeout the February 2 peak

ATS will takeout the February 2 peak

ATS will stay in a trading range between the January 25 low and the February 2 peak until April 10

ATS will drop below the January 25 low

ATS will takeout the February 2 peak

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