Crypto Contest July 21: Mother Iggy

M
maarnio

Mother Iggy (Raydium: MOTHERUSD) 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, MOTHER began a red wave one advance on May 28. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 6 and the red wave two (blue sub-waves a-b-c) correction ended on July 10. If this wave count is correct, MOTHER should be heading next towards the June 6 peak in the red wave three.

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


Funnymentals


Don’t disappoint your mother. Blockchain Bernie reviewed the project one month ago.



(Sources: https://www.mother.fun/)


How Will Mother Iggy Trade?


Mother Iggy (Raydium: MOTHERUSD) 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


MOTHER will takeout the June 6 peak


MOTHER will drop below the May 28 low


MOTHER will stay in a trading range between the May 28 low and the June 6 peak until August 26

Comments