MONGY (Bitget: MONGYUSDT) 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, MONGY began a red wave one advance on July 26. The red wave one peaked on July 26 and the red wave two (blue sub-waves a-b-c) correction ended on July 28. If this wave count is correct, MONGY should be heading next towards the July 26 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Launched July 2024, by a veteran crypto & entertainment team, MONGY is the meme & ecosystem coin powering an ecosystem of entertainment products. STOCK INVESTOR reviewed the project two weeks ago.
https://youtu.be/__uMvEb8akQ?si=nFMkee4RfcTE7xUv
(Sources: https://www.mongysol.com/)
How Will MONGY Trade?
MONGY (Bitget: MONGYUSDT) 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
MONGY will takeout the July 26 peak
MONGY will drop below the July 26 low
MONGY will stay in a trading range between the July 26 low and the July 26 peak until September 7
Thanks.