Crypto Contest April 26: CAW(A Hunters Dream)

M
maarnio

CAW (MEXC: CAWUSDT) 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, CAW began a red wave one advance on December 6, 2022. The red wave one peaked on February 20 this year and the red wave two correction ended on March 10. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on April 14 and the red wave four (blue sub-waves a-b-c) correction ended on April 22. If this wave count is correct, CAW should be heading next towards the April 14 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

CAW is "the future of decentralized social media". MicrocapCrypto Daily reviewed the project three months ago.

(Sources: https://caw.is/)

How Will CAW Trade?

CAW (MEXC: CAWUSDT) 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

CAW will takeout the April 14 peak

CAW will drop below the April 7 low

CAW will stay in a trading range between the April 7 low and the April 14 peak until June 1

Comments