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Crypto Contest March 27: Impossible Finance Launchpad

maarnio - 2024-03-27 13:47:12

Impossible Finance Launchpad (Thena: IDIAUSD) has broken out of the triangle pattern in the daily chart.
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(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, IDIA began a red wave one advance on February 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 10 and the red wave two (blue sub-waves a-b-c) correction ended on March 20. If this wave count is correct, IDIA should be heading next towards the March 10 peak in the red wave three.
image.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


Impossible Finance is the go-to crypto investment platform that empowers you with high-quality, fair and accessible crypto opportunities. You can check their latest launchpad project here.

(Sources: https://impossible.finance/)


How Will Impossible Finance Launchpad Trade?


Impossible Finance Launchpad (Thena: IDIAUSD) daily chart by Tradingview.
image.png
(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


IDIA will takeout the March 10 peak


IDIA will drop below the February 20 low


IDIA will stay in a trading range between the February 20 low and the March 10 peak until May 2