Crypto Contest October 10: Lemonrocks

M
maarnio

Lemonrocks (Uniswap: LEMONUSD) has broken out of the triangle pattern in the four-hour chart.

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


Elliott Wave Analysis


In Elliott Wave terms, LEMON began a red wave one advance on September 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 22 and the red wave two (blue sub-waves a-b-c) correction ended on October 8. If this wave count is correct, LEMON should be heading next towards the September 22 peak in the red wave three.

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


Funnymentals


Lemonrocks is guiding investors through the startup world. Altcoin Daily reviewed the project yesterday.


https://youtu.be/j93qP9OejWs?si=n9RV5YCPUKZuEsFU


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


How Will Lemonrocks Trade?


Lemonrocks (Uniswap: LEMONUSD) four-hour 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


LEMON will takeout the September 22 peak


LEMON will drop below the September 19 low


LEMON will stay in a trading range between the September 19 low and the September 22 peak until November 15

Comments