Crypto Contest August 17: PUPS (Ordinals)

M
maarnio

PUPS (Ordinals) (Raydium: PUPSUSD) 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, PUPS began a red wave one advance on March 21. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 13 and the red wave two (blue sub-waves a-b-c) correction ended on August 5. If this wave count is correct, PUPS should be heading next towards the April 13 peak in the red wave three.

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


Funnymentals


PUPS is the "first" culture coin on Bitcoin. Degenliquidity reviewed the project four months ago.


https://youtu.be/ov-Z9qKFbB0?si=MTm1MVt2eXj737Wt


(Sources: https://www.pupstoken.com/)


How Will PUPS (Ordinals) Trade?


PUPS (Ordinals) (Raydium: PUPSUSD) 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


PUPS will takeout the June 5 peak


PUPS will drop below the August 5 low


PUPS will stay in a trading range between the August 5 low and the June 5 peak until September 22

Comments

kazi2468
nice