DAFI Protocol (Gate.io: DAFIUSDT) 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, DAFI began a red wave one advance on January 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 1 and the red wave two (blue sub-waves a-b-c) correction ended on February 9. If this wave count is correct, DAFI should be heading next towards the February 1 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
DAFI, creates the "first" transition from simple token-rewards, to demand-tied rewards – incentivizing users better, for liquidity/staking. Crypto Goals reviewed the project three days ago.
(Sources: https://www.dafiprotocol.io/)
How Will DAFI Protocol Trade?
DAFI Protocol (Gate.io: DAFIUSDT) 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.
DAFI will takeout the February 1 peak
DAFI will drop below the January 18 low
DAFI will stay in a trading range between the January 18 low and the February 1 peak until March 26