Crypto Contest October 21: Moxie

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maarnio

Moxie (KuCoin: MOXIEUSDT) 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, MOXIE began a red wave one advance on September 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 4 and the red wave two (blue sub-waves a-b-c) correction ended on October 20. If this wave count is correct, MOXIE should be heading next towards the October 4 peak in the red wave three.

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


Funnymentals


Moxie is the financial layer of farcaster. You can find their stats below.

(Sources: https://www.moxie.xyz/)


How Will Moxie Trade?


Moxie (KuCoin: MOXIEUSDT) 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


MOXIE will takeout the October 4 peak


MOXIE will drop below the September 17 low


MOXIE will stay in a trading range between the September 17 low and the October 4 peak until November 26

Comments