Crypto Contest January 30: Memetic / PepeCoin
Memetic / PepeCoin (Bittrex: MEMEUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, MEME began a red wave one advance in December 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in December 2017 and the red wave two (blue sub-waves a-b-c) correction ended in November 2016. If this wave count is correct, MEME should be heading next towards the December 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Memetic / PepeCoin is a Proof of Stake cryptocurrency w/MasterToads and Proof-of-Meme for RAREPEPES and the base for the Kekdaq. You can watch their intro video below.
(Sources: https://www.memetic.ai/)How Will Memetic / PepeCoin Trade?
Memetic / PepeCoin (Bittrex: MEMEUSD) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
MEME will takeout the December 2017 peak
MEME will drop below the December 2016 low
MEME will stay in a trading range between the December 2016 low and the December 2017 peak until March 8
MEME will stay in a trading range between the December 2016 low and the December 2017 peak until March 8
Correct. Upvoted your comment:
https://steemit.com/blockchain/@nzl19500/qpm8n0
MEME will takeout the December 2017 peak
MEME will stay in a trading range between the December 2016 low and the December 2017 peak until March 8
Correct. Upvoted your comment:
https://steemit.com/blockchain/@faki/qpff1d
MEME will takeout the December 2017 peak
MEME will stay in a trading range between the December 2016 low and the December 2017 peak until March 8
Correct. Upvoted your comment:
https://steemit.com/blockchain/@vanbasten/qpm8m7
MEME will stay in a trading range between the December 2016 low and the December 2017 peak until March 8
Correct. Upvoted your comment:
https://steemit.com/blockchain/@hn13/qpj4vw
MEME will stay in a trading range between the December 2016 low and the December 2017 peak until March 8
Correct. Upvoted your comment:
https://steemit.com/blockchain/@lookatyou/qpcx2c
MEME will stay in a trading range between the December 2016 low and the December 2017 peak until March 8
Correct. Upvoted your comment:
https://steemit.com/contest/@gbk78/qpj4zt
MEME will stay in a trading range between the December 2016 low and the December 2017 peak until March 8
Correct. Upvoted your comment:
https://steemit.com/blockchain/@belsander/qpff9z
MEME will drop below the December 2016 low