Crypto Contest December 27: Openfabric AI

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Openfabric AI (KuCoin: OFNUSDT) 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, OFN began a red wave one advance on November 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 12 and the red wave two (blue sub-waves a-b-c) correction ended on December 23. If this wave count is correct, OFN should be heading next towards the December 12 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Openfabric lets anyone create, share, and monetize AI services at scale. Altcoin Buzz reviewed the project two months ago.

(Sources: openfabric.ai)

How Will Openfabric AI Trade?

Openfabric AI (KuCoin: OFNUSDT) 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

OFN will takeout the December 12 peak

OFN will drop below the November 6 low

OFN will stay in a trading range between the November 6 low and the December 12 peak until February 1, 2024

Posted Using InLeo Alpha



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50 comments
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OFN will takeout the December 12 peak

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OFN will stay in a trading range between the November 6 low and the December 12 peak until February 1, 2024

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OFN will takeout the December 12 peak

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OFN will stay in a trading range between the November 6 low and the December 12 peak until February 1, 2024

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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OFN will drop below the November 6 low

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OFN will stay in a trading range between the November 6 low and the December 12 peak until February 1, 2024

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