Crypto Contest November 12: PepeCoin

M
maarnio

PepeCoin (MEXC: PEPECOINUSDT) 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, PEPECOIN began a red wave one advance on January 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 11 and the red wave two (blue sub-waves a-b-c) correction ended on August 7. If this wave count is correct, PEPECOIN should be heading next towards the April 11 peak in the red wave three.

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


Funnymentals


PepeCoin, created by pioneers and visionaries in 2016, introduces an entertaining OS-style app ecosystem that seamlessly integrates DeFi, games, unique NFT experiences, and cutting-edge memetics. Paul O'Gorman reviewed the project three months ago.


https://youtu.be/7-gFNJCStOc?si=HRb-kAEuXAfNx3I2


(Sources: https://www.pepecoin.io/)


How Will PepeCoin Trade?


PepeCoin (MEXC: PEPECOINUSDT) 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


PEPECOIN will takeout the April 11 peak


PEPECOIN will drop below the August 7 low


PEPECOIN will stay in a trading range between the August 7 low and the April 11 peak until December 18

Comments