Evanesco Network (Uniswap: EVAUSDT) 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, EVA began a red wave one advance on June 28. The red wave one peaked on June 28 and the red wave two correction ended on July 17. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on August 28 and the red wave four (blue sub-waves a-b-c) correction ended on September 2. If this wave count is correct, EVA should be heading next towards the August 28 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Evanesco Network is a layer0 network infrastructure & private finance protocol platform for Web3. You can watch their intro video below.
(Sources: https://www.evanesco.org/)
How Will Evanesco Network Trade?
Evanesco Network (Uniswap: EVAUSDT) daily chart by Tradingview.
(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 and comment below.
EVA will takeout the August 28 peak
EVA will drop below the June 28 low
EVA will stay in a trading range between the June 28 low and the August 28 peak until October 26