inSure DeFi (QuickSwap: SUREUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, SURE began a red wave one advance in August 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in December 2021 and the red wave two (blue sub-waves a-b-c) correction ended in December 2022. If this wave count is correct, SURE should be heading next towards the December 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
inSure DeFi is a community-based crypto asset insurance ecosystem, where users can insure their crypto-portfolio by buying SURE tokens with fiat and other cryptocurrencies. You can watch their intro video below.
(Sources: https://insuretoken.net/)
How Will inSure DeFi Trade?
inSure DeFi (QuickSwap: SUREUSD) weekly 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.
SURE will takeout the August 2022 peak
SURE will drop below the November 2022 low
SURE will stay in a trading range between the November 2022 low and the August 2022 peak until March 29