Crypto Contest February 9: WeWay

in #fbcrypto8 months ago

WeWay (HTX: WWYUSDT) 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, WWY began a red wave one advance on October 12, 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 6 this year and the red wave two (blue sub-waves a-b-c) correction ended on February 5. If this wave count is correct, WWY should be heading next towards the January 6 peak in the red wave three.

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

Funnymentals

WeWay is a Web3 ecosystem hub, dedicated to a thriving community of developers, traders, IDO participants, and investors. You can find their roadmap here.

F85IpBcW4AAKCPN.jpg

(Sources: https://weway.io/)

How Will WeWay Trade?

WeWay (HTX: WWYUSDT) 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

WWY will takeout the January 6 peak

WWY will drop below the December 25 low

WWY will stay in a trading range between the December 25 low and the January 6 peak until March 16

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WWY will takeout the January 6 peak

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WWY will drop below the December 25 low

WWY will stay in a trading range between the December 25 low and the January 6 peak until March 16

WWY will stay in a trading range between the December 25 low and the January 6 peak until March 16

WWY will drop below the December 25 low

WWY will stay in a trading range between the December 25 low and the January 6 peak until March 16

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