1inch (Binance: 1INCHUSD) 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, 1INCH began a red wave one advance on December 25, 2020. The red wave one finished on December 25, 2020 and the red wave two (blue sub-waves a-b-c) correction ended on December 29. If this wave count is correct, 1INCH should be heading next towards the December 25, 2020 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
1inch is a DEX aggregator and a single point of entry for DeFi. Coin Trades reviewed the project five days ago.
(Sources: https://1inch.exchange/)How Will 1inch Trade?
1inch (Binance: 1INCHUSD) 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.
1INCH will takeout the December 25, 2020 peak
1INCH will drop below the December 25, 2020 low
1INCH will stay in a trading range between the December 25, 2020 low and the December 25, 2020 peak until February 7
