SundaeSwap (CoinEx: SUNDAEUSDT) 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, SUNDAE began a red wave one advance on August 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 9 and the red wave two (blue sub-waves a-b-c) correction ended on September 29. If this wave count is correct, SUNDAE should be heading next towards the September 9 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
SundaeSwap is a decentralized exchange protocol for the Cardano Network. DEFIYIELD reviewed the project one month ago.
(Sources: https://sundaeswap.finance/)
How Will SundaeSwap Trade?
SundaeSwap (CoinEx: SUNDAEUSDT) 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.
SUNDAE will takeout the September 9 peak
SUNDAE will drop below the August 20 low
SUNDAE will stay in a trading range between the August 20 low and the September 9 peak until November 15