Growth DeFi (Uniswap: GROUSD) has broken out of the triangle pattern in the daily chart.
Elliott Wave Analysis
In Elliott Wave terms, GRO began a red wave one advance on June 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 7 and the red wave two (blue sub-waves a-b-c) correction ended on July 20. If this wave count is correct, GRO should be heading next towards the July 7 peak in the red wave three.
Funnymentals
Growth DeFi is a cross-chain DeFi to leverage yield opportunities. CryptoWendyO reviewed the project earlier this year.
(Sources: https://growthdefi.com/)
How Will Growth DeFi Trade?
Growth DeFi (Uniswap: GROUSD) daily chart by Tradingview.
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.
GRO will takeout the July 7 peak
GRO will drop below the June 22 low
GRO will stay in a trading range between the June 22 low and the July 7 peak until September 1
