Cream Finance (CoinMarketCap: CREAMUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of CoinMarketCap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, CREAM began a red wave one advance on August 8. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 9 and the red wave two (blue sub-waves a-b-c) correction ended on October 26. If this wave count is correct, CREAM should be heading next towards the September 9 peak in the red wave three.
(Chart courtesy of Coinmarketcap.com (log scale))
Funnymentals
C.R.E.A.M Finance is a decentralized peer-to-peer DeFi platform that provides lending, borrowing, swap, payment and tokenization services for digital assets. DeFi Trader reviewed the project back in September.
(Sources: https://app.cream.finance/)How Will Cream Finance Trade?
Cream Finance (CoinMarketCap: CREAMUSD) line 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.
CREAM will takeout the September 9 peak
CREAM will drop below the August 8 low
CREAM will stay in a trading range between the August 8 low and the September 9 peak until December 13