reflect.finance (Uniswap: RFIUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
Elliott Wave Analysis
In Elliott Wave terms, RFI began a red wave one advance on June 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 12 and the red wave two (blue sub-waves a-b-c) correction ended on August 27. If this wave count is correct, RFI should be heading next towards the August 12 peak in the red wave three.
(Chart courtesy of Tradingview.com)
Funnymentals
RFI works by applying a 1% fee to each transaction and instantly splitting that fee among all holders of the token. Invest Global reviewed the project last year.
(Sources: https://reflect.finance/)
How Will reflect.finance Trade?
reflect.finance (Uniswap: RFIUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com)
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.
RFI will takeout the August 12 peak
RFI will drop below the June 15 low
RFI will stay in a trading range between the June 15 low and the August 12 peak until October 7