Aventus (Bitfinex: AVTUSD) 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, AVT began a red wave one advance on March 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 11 and the red wave two (blue sub-waves a-b-c) correction ended on November 22. If this wave count is correct, AVT should be heading next towards the October 11 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Aventus is a digital assets-focused blockchain-based protocol that transforms oversight, standardisation, trust and innovation across enterprises’ supply chains. You can watch their latest Q&A below.
(Sources: https://www.aventus.io/)How Will Aventus Trade?
Aventus (Bitfinex: AVTUSD) 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.
AVT will takeout the October 11 peak
AVT will drop below the July 16 low
AVT will stay in a trading range between the July 16 low and the October 11 peak until January 7, 2021