Crypto Contest July 9: Beercoin

Beercoin (Raydium: BEERUSD) 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, BEER began a red wave one advance on May 24. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 5 and the red wave two (blue sub-waves a-b-c) correction ended on July 8. If this wave count is correct, BEER should be heading next towards the June 5 peak in the red wave three.

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

Funnymentals

Turn cents into pints and savor the taste of wealth with BEER. Gerhard - Bitcoin Strategy reviewed the project three weeks ago.

(Sources: https://beercoin.wtf/)

How Will Beercoin Trade?

Beercoin (Raydium: BEERUSD) 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

BEER will takeout the June 5 peak

BEER will drop below the May 24 low

BEER will stay in a trading range between the May 24 low and the June 5 peak until August 14

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