Conflux (Binance: CFXUSDT) 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, CFX began a red wave one advance on February 13. The red wave one peaked on February 17 and the red wave two correction ended on February 17. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on February 21 and the red wave four (blue sub-waves a-b-c) correction ended on February 22. If this wave count is correct, CFX should be heading next towards the February 21 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Conflux is a PoW/PoS hybrid blockchain "without barriers". You can watch their latest news below.
(Sources: https://confluxnetwork.org/)
How Will Conflux Trade?
Conflux (Binance: CFXUSDT) four-hour 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.
CFX will takeout the February 21 peak
CFX will drop below the February 13 low
CFX will stay in a trading range between the February 13 low and the February 21 peak until April 1
