YIELD App (AscendEX: YLDUSDT) has broken out of the triangle pattern in the weekly chart.
![](https://i.postimg.cc/pr1G7QVc/nimet-n.png
)(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.
![](https://i.postimg.cc/0jfM2ZKZ/nimet-n2.png
)(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](https://youtu.be/Vp2tG7BcE8Y).
![](https://i.postimg.cc/q747g205/nimet-n4.png
)(Sources: https://www.yield.app/)

**How Will YIELD App Trade?**

YIELD App (AscendEX: YLDUSDT) weekly chart by Tradingview.
![](https://i.postimg.cc/tg4HLk9p/nimet-n3.png
)(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


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@maarnio/crypto-contest-october-21-yield-app)