Crypto Contest May 29: DogWifNoHat

DogWifNoHat (Poloniex: NOHATUSDT) 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, NOHAT began a red wave one advance on May 23. The red wave one peaked on May 23 and the red wave two (blue sub-waves a-b-c) correction ended on May 26. If this wave count is correct, NOHAT should be heading next towards the May 23 peak in the red wave three.

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

Funnymentals

NOHAT is a movement against Hats on Solana. STOCK INVESTOR reviewed the project two weeks ago.

(Sources: https://nohatsolana.com/)

How Will DogWifNoHat Trade?

DogWifNoHat (Poloniex: NOHATUSDT) 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

NOHAT will takeout the May 23 peak

NOHAT will drop below the May 23 low

NOHAT will stay in a trading range between the May 23 low and the May 23 peak until July 4

Posted Using InLeo Alpha