Archimedes Finance (Uniswap: ARCHUSD) 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, ARCH began a red wave one advance on February 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 17 and the red wave two (blue sub-waves a-b-c) correction ended on June 15. If this wave count is correct, ARCH should be heading next towards the February 17 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Archimedes is an experimental lending and borrowing platform. You can watch their latest product update below.
(Sources: https://archimedesfi.com/)
How Will Archimedes Finance Trade?
Archimedes Finance (Uniswap: ARCHUSD) 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
ARCH will takeout the May 21 peak
ARCH will drop below the June 15 low
ARCH will stay in a trading range between the June 15 low and the May 21 peak until August 1