Conic Finance (MEXC: CNCUSDT) 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, CNC began a red wave one advance on February 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 16 and the red wave two (blue sub-waves a-b-c) correction ended on February 23. If this wave count is correct, CNC should be heading next towards the February 16 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Conic Finance is an easy-to-use platform built for liquidity providers to easily diversify their exposure to multiple Curve pools. Ceazor's Snack Sandwich reviewed the project one month ago.
(Sources: https://conic.finance/)
How Will Conic Finance Trade?
Conic Finance (MEXC: CNCUSDT) 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.
CNC will takeout the February 16 peak
CNC will drop below the February 13 low
CNC will stay in a trading range between the February 13 low and the February 16 peak until April 5
