dHedge DAO (Huobi: DHTUSDT) 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, DHT began a red wave one advance on November 8, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 3, 2020 and the red wave two (blue sub-waves a-b-c) correction ended on December 29, 2020. If this wave count is correct, DHT should be heading next towards the December 3, 2020 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
dHedge DAO is a decentralized asset management protocol. NoFreeLunch reviewed the project back in November last year.
(Sources: https://www.dhedge.org/)How Will dHedge DAO Trade?
dHedge DAO (Huobi: DHTUSDT) daily 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.
DHT will takeout the December 3, 2020 peak
DHT will drop below the November 8, 2020 low
DHT will stay in a trading range between the November 8, 2020 low and the December 3, 2020 peak until February 16
