Aura Finance (CoinEx: AURAUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, AURA began a red wave one advance on February 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 20 and the red wave two (blue sub-waves a-b-c) correction ended on February 26. If this wave count is correct, AURA should be heading next towards the February 20 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Aura Finance is a protocol built on top of the Balancer system to provide maximum incentives to Balancer liquidity providers and BAL stakers (into veBAL) through social aggregation of BAL deposits and Aura’s native token. Ceazor's Snack Sandwich reviewed the project three months ago.
(Sources: https://aura.finance/)How Will Aura Finance Trade?
Aura Finance (CoinEx: AURAUSDT) four-hour 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.
AURA will takeout the February 20 peak
AURA will drop below the February 17 low
AURA will stay in a trading range between the February 17 low and the February 20 peak until April 13