EasyFi (Binance: EASYETH) 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, EASY began a red wave one advance on October 8. The red wave one finished on October 10 and the red wave two correction ended on October 18. The blue sub-wave three finished on October 31 and the blue sub-wave four correction ended on November 2. If this wave count is correct, EASY should be heading next towards the October 31 peak in the red wave three (blue sub-wave v).
(Chart courtesy of Coinmarketcap.com (log scale))
Funnymentals
EasyFi is a Layer 2 DeFi Lending protocol for digital assets powered by Matic Network. Coin Crunch India interviewed the CEO one week ago.
(Sources: https://easyfi.network/)How Will EasyFi Trade?
EasyFi USD chart by CoinMarketCap.
(Chart courtesy of Coinmarketcap.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.
EASY will takeout the October 31 peak
EASY will drop below the October 27 low
EASY will stay in a trading range between the October 27 low and the October 31 peak until December 10
