SafePal (Binance: SFPBTC) 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, SFP began a red wave one advance on February 8. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 9 and the red wave two (blue sub-waves a-b-c) correction ended on March 14. If this wave count is correct, SFP should be heading next towards the February 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
SafePal is a "secure and powerful" cryptocurrency wallet that helps users to protect and grow their decentralized assets. LiteLiger reviewed the app last month.
(Sources: https://www.safepal.io/)How Will SafePal Trade?
SafePal (Binance: SFPBTC) four-hour 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.
SFP will takeout the February 9 peak
SFP will drop below the February 8 low
SFP will stay in a trading range between the February 8 low and the February 9 peak until April 25
