IL CAPO OF CRYPTO (PancakeSwap: CAPOUSD) 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, CAPO began a red wave one advance on May 9. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 11 and the red wave two (blue sub-waves a-b-c) correction ended on June 12. If this wave count is correct, CAPO should be heading next towards the May 11 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
IL CAPO OF CRYPTO is a meme coin. Daily Crypto Gems reviewed the project one month ago.
(Sources: https://www.capocoin.xyz/)
How Will IL CAPO OF CRYPTO Trade?
IL CAPO OF CRYPTO (PancakeSwap: CAPOUSD) 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
CAPO will takeout the May 11 peak
CAPO will drop below the May 9 low
CAPO will stay in a trading range between the May 9 low and the May 11 peak until July 31
119.774 SRY