Monkey Pox (Raydium: POXUSD) 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, POX began a red wave one advance on August 28. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 5 and the red wave two (blue sub-waves a-b-c) correction ended on September 24. If this wave count is correct, POX should be heading next towards the September 5 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
POX is an SPL-404 token on Solana, blending memecoin and NFT cultures into one. STOCK INVESTOR reviewed the project one month ago.
(Sources: https://www.monkeypoxtoken.com/)
How Will Monkey Pox Trade?
Monkey Pox (Raydium: POXUSD) four-hour 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
POX will takeout the September 5 peak
POX will drop below the August 28 low
POX will stay in a trading range between the August 28 low and the September 5 peak until November 13
POX will drop below the August 28 low
POX will takeout the September 5 peak