DAV Coin (HitBTC: DAVUSD) 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, DAV began a red wave one advance on March 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 20, and the red wave two (blue sub-waves a-b-c) correction ended on June 18. If this wave count is correct, DAV should be heading next towards the May 20 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
DAV is a blockchain-based transportation protocol. You can watch their intro video below.
(Sources: https://dav.network/)How Will DAV Coin Trade?
DAV Coin (HitBTC: DAVUSD) 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.
DAV will takeout the May 29 peak
DAV will drop below the March 13 low
DAV will stay in a trading range between the March 13 low and the May 29 peak until July 30
