Swerve (Binance: SWRVBUSD) 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, SWRV began a red wave one advance on November 4. The red wave one finished on November 11 and the red wave two correction ended on November 12. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on November 15 and the red wave four (blue sub-waves a-b-c) correction ended on November 18. If this wave count is correct, SWRV should be heading next towards the November 15 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Swerve Finance is a fork of Curve, owned 100% by the community. Crypto Gnome reviewed the project two months ago.
(Sources: https://swerve.fi/)How Will Swerve Trade?
Swerve (Binance: SWRVBUSD) 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.
SWRV will takeout the November 15 peak
SWRV will drop below the November 4 low
SWRV will stay in a trading range between the November 4 low and the November 15 peak until December 27
