Clearpool (CRYPTO: CPOOLUSD) 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, CPOOL began a red wave one advance on September 3. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 21 and the red wave two (blue sub-waves a-b-c) correction ended on September 24. If this wave count is correct, CPOOL should be heading next towards the September 21 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Clearpool is a Decentralized Capital Markets Ecosystem, where institutional borrowers can access unsecured loans directly from the DeFi ecosystem. Crpto Talk Nows reviewed the project one month ago.
(Sources: https://clearpool.finance/)
How Will Clearpool Trade?
Clearpool (CRYPTO: CPOOLUSD) four-hour 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
CPOOL will takeout the September 21 peak
CPOOL will drop below the September 3 low
CPOOL will stay in a trading range between the September 3 low and the September 21 peak until October 31