Spellfire (Huobi: SPELLFIREUSDT) 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, SPELLFIRE began a red wave one advance on November 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 25 and the red wave two (blue sub-waves a-b-c) correction ended on December 7. If this wave count is correct, SPELLFIRE should be heading next towards the November 25 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Spellfire is a unique Play-2-Earn collectible card game, proposing the first-ever hand-held NFT collection that can be placed in an actual drawer and generate passive income. You can find their whitepaper here.
(Sources: https://spellfire.com/)
How Will Spellfire Trade?
Spellfire (Huobi: SPELLFIREUSDT) 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.
SPELLFIRE will takeout the November 25 peak
SPELLFIRE will drop below the November 12 low
SPELLFIRE will stay in a trading range between the November 12 low and the November 25 peak until January 18