Crypto Contest August 30: Koala AI

Koala AI (Raydium: KOKOUSD) 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, KOKO began a red wave one advance on March 21. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 31 and the red wave two (blue sub-waves a-b-c) correction ended on August 13. If this wave count is correct, KOKO should be heading next towards the March 31 peak in the red wave three.

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

Funnymentals

KOALA AI brings to the Solana blockchain KOKO, a meme token inspired by Pepe the Frog, designed to invigorate the space with innovative community engagement and liquidity solutions. Jake Gagain reviewed the project four months ago.

(Sources: https://www.koalaai.vip/)

How Will Koala AI Trade?

Koala AI (Raydium: KOKOUSD) 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

KOKO will takeout the March 31 peak

KOKO will drop below the March 21 low

KOKO will stay in a trading range between the March 21 low and the March 31 peak until October 5

---

_{Posted from https://blurtlatam.intinte.org}