Crypto Contest December 25: MonoX Protocol

MonoX Protocol (Huobi: MONOUSDT) 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, MONO began a red wave one advance on November 25. The red wave one peaked on November 25 and the red wave two (blue sub-waves a-b-c) correction ended on December 20. If this wave count is correct, MONO should be heading next towards the November 25 peak in the red wave three.

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

Funnymentals

MonoX Protocol offers single token pools for maximum capital efficiency. You can read their latest update here.

(Sources: https://monox.finance/)

How Will MonoX Protocol Trade?

MonoX Protocol (Huobi: MONOUSDT) 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.

MONO will takeout the November 25 peak

MONO will drop below the November 25 low

MONO will stay in a trading range between the November 25 low and the November 25 peak until February 1