Book of Ethereum (Uniswap: BOOEUSD) 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, BOOE began a red wave one advance on April 25. The red wave one peaked on May 2 and the red wave two correction ended on July 4. If this wave count is correct, BOOE should be heading next towards the October 16 peak in the red wave three (blue sub-wave v).
(Chart courtesy of Tradingview.com(log scale))
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(Sources: https://bookofeth.xyz/)
How Will Book of Ethereum Trade?
Book of Ethereum (Uniswap: BOOEUSD) 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
BOOE will takeout the October 16 peak
BOOE will drop below the October 8 low
BOOE will stay in a trading range between the October 8 low and the October 16 peak until December 15
BOOE will takeout the October 16 peak
BOOE will drop below the October 8 low