SpookySwap (CRYPTO: BOOUSD) 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, BOO began a red wave one advance on November 9. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 30 and the red wave two (blue sub-waves a-b-c) correction ended on December 19. If this wave count is correct, BOO should be heading next towards the November 30 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
SpookySwap is an automated market-making decentralized exchange for the Fantom Opera network.
(Sources: https://spooky.fi/)
How Will SpookySwap Trade?
SpookySwap (CRYPTO: BOOUSD) 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.
BOO will takeout the November 30 peak
BOO will drop below the November 9 low
BOO will stay in a trading range between the November 9 low and the November 30 peak until February 5