Frontier (Binance: FRONTBUSD) 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, FRONT began a red wave one advance on December 29, 2020. The red wave one peaked on January 8 this year and the red wave two correction ended on January 11. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on January 25 and the red wave four (blue sub-waves a-b-c) correction ended on January 27. If this wave count is correct, FRONT should be heading next towards the January 25 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the daily chart, I believe FRONT is currently in the red wave three (blue sub-wave v). The red wave one began on November 18, 2020 and the red wave two correction ended on December 29, 2020.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Frontier is a chain agnostic DeFi aggregation layer. Max.income reviewed the project two weeks ago.
(Sources: https://frontier.xyz/)How Will Frontier Trade?
Frontier (Binance: FRONTBUSD) 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.
FRONT will takeout the January 25 peak
FRONT will drop below the January 11 low
FRONT will stay in a trading range between the January 11 low and the January 25 peak until March 6
