Crypto Contest October 21: YIELD App

YIELD App (AscendEX: YLDUSDT) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, YLD began a red wave one advance in December 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in February this year and the red wave two (blue sub-waves a-b-c) correction ended in June. If this wave count is correct, YLD should be heading next towards the February peak in the red wave three.

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

Funnymentals

YIELD App is a licensed FinTech company that enables anyone to invest in decentralized finance at the touch of a button. You can watch their latest AMA here.

(Sources: https://www.yield.app/)

How Will YIELD App Trade?

YIELD App (AscendEX: YLDUSDT) weekly 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.

YLD will takeout the February peak

YLD will drop below the June low

YLD will stay in a trading range between the June low and the February peak until November 28