Agoric (Huobi: BLDUSDT) 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, BLD began a red wave one advance on November 14. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 19 and the red wave two (blue sub-waves a-b-c) correction ended on January 8. If this wave count is correct, BLD should be heading next towards the December 19 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Agoric is a Proof-of-Stake chain utilizing Hardened JavaScript smart contracts to rapidly build and deploy DeFi. You can watch their latest community call below.
(Sources: https://agoric.com/)
How Will Agoric Trade?
Agoric (Huobi: BLDUSDT) 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.
BLD will takeout the December 19 peak
BLD will drop below the November 14 low
BLD will stay in a trading range between the November 14 low and the December 19 peak until February 22