Ignis (Bittrex: IGNISUSD) has broken out of the triangle pattern in the weekly chart.
[](https://postimg.cc/JGKcSr4y)
(Chart courtesy of Tradingview.com (log scale))
**Elliott Wave Analysis**
In Elliott Wave terms, IGNIS began a wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in June this year, and the red wave two (blue sub-waves a-b-c) correction ended in October. If this wave count is correct, IGNIS should be heading next towards the June peak in the red wave three.
[](https://postimg.cc/m1WWx3jS)
(Chart courtesy of Tradingview.com (log scale))
**Funnymentals**
Ignis is the main, public, permissionless and fully featured child chain of the Ardor Platform. Crypto Woman covered something that IGNIS holders might want to take a look at.
<iframe width="560" height="315" src="https://www.youtube.com/embed/uReF4IA8sew" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://www.jelurida.com/ignis)
**How Will Ignis Trade?**
Ignis (Bittrex: IGNISUSD) weekly chart by Tradingview.
[](https://postimg.cc/WtCrq5b4)
(Chart courtesy of Tradingview.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.
