Crypto Contest November 14: Memecoin

Memecoin (Binance: MEMEUSDT) 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, MEME began a red wave one advance on November 3. The red wave one peaked on November 3 and the red wave two (blue sub-waves a-b-c) correction ended on November 9. If this wave count is correct, MEME should be heading next towards the November 3 peak in the red wave three.

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

Funnymentals

Memecoin is the native ecosystem token of Memeland. Gerhard - Bitcoin Strategy reviewed the project today.

(Sources: https://www.memeland.com/)

How Will Memecoin Trade?

Memecoin (Binance: MEMEUSDT) 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

MEME will takeout the November 3 peak

MEME will drop below the November 3 low

MEME will stay in a trading range between the November 3 low and the November 3 peak until December 21