Crypto Contest May 12: Spool DAO

in LeoFinance5 months ago

Spool DAO (Bitget: SPOOLUSDT) 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, SPOOL began a red wave one advance on March 11. The red wave one peaked on March 27 and the red wave two correction ended on April 13. The red wave three finished on May 8 and the red wave four correction ended on May 11. If this wave count is correct, SPOOL should be heading next towards the May 8 peak in the red wave five.

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

Funnymentals

Spool is composable middleware that interfaces between Capital Aggregators, Yield Optimizers, and Yield Generators to algorithmically maximize yield and minimize risk. Scott Melker interviewed Philipp Zimmerer, a co-founder of Faculty Group and a core contributor to Spool DAO, two months ago.
https://www.youtube.com/live/d2YZ0So1K14?feature=share

(Sources: https://www.spool.fi/)

How Will Spool DAO Trade?

Spool DAO (Bitget: SPOOLUSDT) 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

SPOOL will takeout the May 8 peak

SPOOL will drop below the April 13 low

SPOOL will stay in a trading range between the April 13 low and the May 8 peak until June 17

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SPOOL will takeout the May 8 peak

SPOOL will stay in a trading range between the April 13 low and the May 8 peak until June 17

SPOOL will drop below the April 13 low

SPOOL will stay in a trading range between the April 13 low and the May 8 peak until June 17

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SPOOL will drop below the April 13 low

SPOOL will takeout the May 8 peak

SPOOL will takeout the May 8 peak

SPOOL will takeout the May 8 peak

SPOOL will stay in a trading range between the April 13 low and the May 8 peak until June 17

SPOOL will stay in a trading range between the April 13 low and the May 8 peak until June 17

SPOOL will stay in a trading range between the April 13 low and the May 8 peak until June 17