Crypto Contest May 27: DaFIN

in #steemleo3 years ago

DaFIN (Bittrex: DAFUSDT) 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, DAF began a red wave one advance on May 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 12 and the red wave two (blue sub-waves a-b-c) correction ended on May 23. If this wave count is correct, DAF should be heading next towards the May 12 peak in the red wave three.

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

Funnymentals

DaFIN is a digital asset fintech platform. You can read their whitepaper here.

(Sources: https://dev-intro.dafin.io/)

How Will DaFIN Trade?

DaFIN (Bittrex: DAFUSDT) four-hour 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.

DAF will takeout the May 12 peak

DAF will drop below the May 10 low

DAF will stay in a trading range between the May 10 low and the May 12 peak until July 3

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DAF will stay in a trading range between the May 10 low and the May 12 peak until July 3

DAF will drop below the May 10 low

DAF will stay in a trading range between the May 10 low and the May 12 peak until July 3

DAF will stay in a trading range between the May 10 low and the May 12 peak until July 3

DAF will stay in a trading range between the May 10 low and the May 12 peak until July 3

DAF will takeout the May 12 peak

DAF will takeout the May 12 peak

DAF will stay in a trading range between the May 10 low and the May 12 peak until July 3

DAF will takeout the May 12 peak

DAF will stay in a trading range between the May 10 low and the May 12 peak until July 3

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