FLIP (Uniswap: FLPUSD) 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, FLP began a red wave one advance in May 2022. The red wave one peaked in January 2023 and the red wave two (blue sub-waves a-b-c) correction ended in May this year. If this wave count is correct, FLP should be heading next towards the January 2023 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
FLIP provides the infrastructure of smart contracts that allow gamers to trade their in-game items for cash or items from different games. BlackAirForceEnthusiast reviewed the project four months ago.
(Sources: https://gameflip.com/flp)
How Will FLIP Trade?
FLIP (Uniswap: FLPUSD) 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
FLP will takeout the January 2023 peak
FLP will drop below the May 2022 low
FLP will stay in a trading range between the May 2022 low and the January 2023 peak until September 27