BonFi (Uniswap: BNFWETH) 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, BNF began a red wave one advance on January 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 9 and the red wave two (blue sub-waves a-b-c) correction ended on May 16. If this wave count is correct, BNF should be heading next towards the April 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BonFi is a multilayered open finance liquidity mining service platform complemented by the AI powered BonVest. Rock Cloud covered the project one week ago.
(Sources: https://bon.finance/)How Will BonFi Trade?
BonFi (Uniswap: BNFWETH) 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.
BNF will takeout the April 9 peak
BNF will drop below the January 11 low
BNF will stay in a trading range between the January 11 low and the April 9 peak until June 25
