Flashstake (Uniswap: FLASHUSD) 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, FLASH began a red wave one advance on September 1, 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 14 this year and the red wave two (blue sub-waves a-b-c) correction ended on May 8. If this wave count is correct, FLASH should be heading next towards the April 14 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
The Flashstake protocol is a novel financial infrastructure that allows users to receive instant yield on deposited assets by locking up principal for a chosen duration. DeFi Trader reviewed the project four weeks ago.
(Sources: https://flashstake.io/)
How Will Flashstake Trade?
Flashstake (Uniswap: FLASHUSD) 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
FLASH will takeout the April 14 peak
FLASH will drop below the March 10 low
FLASH will stay in a trading range between the March 10 low and the April 14 peak until June 23