Crypto Contest June 18: Popcorn

M
maarnio

Popcorn (MEXC: POPCORNUSDT) 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, POPCORN began a red wave one advance on February 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 26 and the red wave two (blue sub-waves a-b-c) correction ended on June 12. If this wave count is correct, POPCORN should be heading next towards the April 26 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Popcorn offers curated pools of strategies and DeFi products that not only generate high yield on crypto assets, but fund community-selected social impact organizations without any additional friction or cost to the end user. You can find their whitepaper here.
(Sources: https://pop.network/)

How Will Popcorn Trade?

Popcorn (MEXC: POPCORNUSDT) 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

POPCORN will takeout the April 26 peak

POPCORN will drop below the February 17 low

POPCORN will stay in a trading range between the February 17 low and the April 26 peak until July 24

Comments