Crypto Contest June 26: Archimedes Finance

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Archimedes Finance (Uniswap: ARCHUSD) 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, ARCH began a red wave one advance on February 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 17 and the red wave two (blue sub-waves a-b-c) correction ended on June 15. If this wave count is correct, ARCH should be heading next towards the February 17 peak in the red wave three.

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

Funnymentals

Archimedes is an experimental lending and borrowing platform. You can watch their latest product update below.


(Sources: https://archimedesfi.com/)

How Will Archimedes Finance Trade?

Archimedes Finance (Uniswap: ARCHUSD) 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

ARCH will takeout the May 21 peak

ARCH will drop below the June 15 low

ARCH will stay in a trading range between the June 15 low and the May 21 peak until August 1

Posted Using LeoFinance Alpha

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49 comments
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ARCH will takeout the May 21 peak

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ARCH will takeout the May 21 peak

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ARCH will stay in a trading range between the June 15 low and the May 21 peak until August 1

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ARCH will stay in a trading range between the June 15 low and the May 21 peak until August 1

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ARCH will stay in a trading range between the June 15 low and the May 21 peak until August 1

!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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!WINE

!LOLZ
!LUV
!PIZZA

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(Edited)

PIZZA!

$PIZZA slices delivered:
maarnio tipped eii
eii tipped maarnio
maarnio tipped shturm
@femcy-willcy(1/5) tipped @maarnio
shturm tipped maarnio

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ARCH will stay in a trading range between the June 15 low and the May 21 peak until August 1
!WINE
!PIZZA
!HUG

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ARCH will drop below the June 15 low

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ARCH will drop below the June 15 low

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