Oasis Network (Binance: ROSEUSDT) 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, ROSE began a red wave one advance on June 18. The red wave one peaked on June 24 and the red wave two correction ended on July 13. The red wave three (blue sub-waves i-ii-iii-iv-v) peaked on August 9 and the red wave four (blue sub-waves a-b-c) correction ended on August 29. If this wave count is correct, ROSE should be heading next towards the August 9 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Oasis is the "go-to" L1 blockchain powering the next gen of web3 with privacy, speed, scalability, & the lowest fees in DeFi. Lazyboycrypto reviewed the project two months ago.
(Sources: https://oasisprotocol.org/)
How Will Oasis Network Trade?
Oasis Network (Binance: ROSEUSDT) 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.
ROSE will takeout the August 9 peak
ROSE will drop below the June 18 low
ROSE will stay in a trading range between the June 18 low and the August 9 peak until October 9
