Crypto Contest October 27: Brainlet

M
maarnio

Brainlet (MEXC: BRAINLETUSDT) has broken out of the triangle pattern in the four-hour chart.

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


Elliott Wave Analysis


In Elliott Wave terms, BRAINLET began a red wave one advance on October 3. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 11 and the red wave two (blue sub-waves a-b-c) correction ended on October 23. If this wave count is correct, BRAINLET should be heading next towards the October 11 peak in the red wave three.

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


Funnymentals


Brainlet is a Solana-based memecoin that combines the humor and culture of internet memes with decentralized finance principles. Two Minute Memes reviewed the project one month ago.


https://youtu.be/LyHCM1-5vlY?si=6L_6JyEJJVobZUUJ


(Sources: https://brainlet.community/)


How Will Brainlet Trade?


Brainlet (MEXC: BRAINLETUSDT) four-hour 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


BRAINLET will takeout the October 11 peak


BRAINLET will drop below the October 3 low


BRAINLET will stay in a trading range between the October 3 low and the October 11 peak until December 2

Comments