DeFi.ch (Bittrex: DFCHUSD) has broken out of the triangle pattern in the four-hour chart.
![](https://i.postimg.cc/gjyxrhzk/nimet-n.png
)(Chart courtesy of Tradingview.com(log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, DFCH began a red wave one advance on October 5. The red wave one peaked on October 6 and the red wave two correction ended on October 7. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on October 20 and the red wave four (blue sub-waves a-b-c) correction ended on October 23. If this wave count is correct, DFCH should be heading next towards the October 20 peak in the red wave five.
![](https://i.postimg.cc/N0hL8bKf/nimet-n2.png
)(Chart courtesy of Tradingview.com(log scale))

**Funnymentals**

DeFi.ch is a decentralized savings platform. You can watch their intro video below.
<iframe width="560" height="315" src="https://www.youtube.com/embed/5cAtaYH7Etc" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

(Sources: https://www.defi.ch/)

**How Will DeFi.ch Trade?**

DeFi.ch (Bittrex: DFCHUSD) four-hour chart by Tradingview.
![](https://i.postimg.cc/TwcnKBYD/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 (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.

DFCH will takeout the October 20 peak

DFCH will drop below the October 5 low

DFCH will stay in a trading range between the October 5 low and the October 20 peak until December 1



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@maarnio/crypto-contest-october-24-defi-ch)