monkeyhaircut (Raydium: MONKUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, MONK began a red wave one advance on February 2. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 10 and the red wave two (blue sub-waves a-b-c) correction ended on June 24. If this wave count is correct, MONK should be heading next towards the May 10 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
monkeyhaircut is a monkey getting a haircut. Digivest reviewed the project five months ago.
(Sources: https://monkeyhaircut.com/)
How Will monkeyhaircut Trade?
monkeyhaircut (Raydium: MONKUSD) 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
MONK will takeout the May 10 peak
MONK will drop below the February 2 low
MONK will stay in a trading range between the February 2 low and the May 10 peak until August 3
MONK will stay in a trading range between the February 2 low and the May 10 peak until August 3
MONK will drop below the February 2 low