Crypto Contest August 5: UNCX Network

UNCX Network (Uniswap: UNCXUSD) 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, UNCX began a red wave one advance in June 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in January 2023 and the red wave two (blue sub-waves a-b-c) correction ended in June 2023. If this wave count is correct, UNCX should be heading next towards the January 2023 peak in the red wave three.

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

Funnymentals

UNCX Network offers secure DeFi infrastructure. You can watch their intro video below.

(Sources: https://uncx.network/)

How Will UNCX Network Trade?

UNCX Network (Uniswap: UNCXUSD) weekly 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

UNCX will takeout the January 2023 peak

UNCX will drop below the June 2022 low

UNCX will stay in a trading range between the June 2022 low and the January 2023 peak until September 10

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