Crypto Contest March 4: Defactor

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Defactor (Uniswap: FACTRWETH) 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, FACTR began a red wave one advance on January 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 23 and the red wave two (blue sub-waves a-b-c) correction ended on March 1. If this wave count is correct, FACTR should be heading next towards the February 23 peak in the red wave three.

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

Funnymentals

Defactor is building on the big idea of Real World Asset tokenisation. You can read their February 2023 review here.

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

How Will Defactor Trade?

Defactor (Uniswap: FACTRWETH) 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.

FACTR will takeout the February 23 peak

FACTR will drop below the January 11 low

FACTR will stay in a trading range between the January 11 low and the February 23 peak until April 10

Posted Using LeoFinance Beta

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46 comments
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FACTR will takeout the February 23 peak

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FACTR will takeout the February 23 peak

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FACTR will take out the February 23 peak.

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FACTR will drop below the January 11 low

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FACTR will takeout the February 23 peak

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FACTR will takeout the February 23 peak

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FACTR will stay in a trading range between the January 11 low and the February 23 peak until April 10

!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. (1/5)

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!BEER
!BBH
!WINE

Posted Using LeoFinance Beta

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!WINE
!LOLZ
!LUV
!PIZZA

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!WINE
!LOLZ
!LUV
!PIZZA

Posted Using LeoFinance Beta

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(Edited)

PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@maarnio(1/5) tipped @eii (x1)
eii tipped maarnio (x1)

Join us in Discord!

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FACTR will takeout the February 23 peak

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FACTR will take out the February 23 peak.

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FACTR will takeout the February 23 peak

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FACTR will drop below the January 11 low

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FACTR will drop below the January 11 low

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