Oasis Network (Binance: ROSEUSDT) 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, ROSE began a red wave one advance on November 26. The red wave one finished on November 28 and the red wave two correction ended on December 1. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on December 8 and the red wave four (blue sub-waves a-b-c) correction ended on December 11. If this wave count is correct, ROSE should be heading next towards the December 8 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Oasis Network is a privacy-enabled blockchain platform for open finance and a responsible data economy. Boxmining interviewed Prof Dawn Song from Oasis Network last month.
(Sources: https://oasisprotocol.org/)How Will Oasis Network Trade?
Oasis Network (Binance: ROSEUSDT) 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.
ROSE will takeout the December 8 peak
ROSE will drop below the November 26 low
ROSE will stay in a trading range between the November 26 low and the December 8 peak until January 20, 2021