Crypto Contest September 11: Memetic / PepeCoin

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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 November 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in April 2021 and the red wave two (blue sub-waves a-b-c) correction ended in January this year. If this wave count is correct, MEME should be heading next towards the April 2021 peak in the red wave three.

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

Zooming out in the monthly chart, I believe MEME is currently in the red wave three (blue sub-wave three). The red wave one ended in December 2017 and the red wave two correction finished in November 2020.

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

Funnymentals

Memetic / PepeCoin is a Proof of Stake cryptocurrency w/MasterToads and Proof-of-Meme for NFT RAREPEPES CryptoArt.

(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 (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 January peak

MEME will drop below the January low

MEME will stay in a trading range between the January low and the January peak until October 18

Posted Using LeoFinance Beta

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38 comments
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MEME will stay in a trading range between the January low and the January peak until October 18

!WINE
!hivebits
!BBH
!CTP
!ENGAGE 100
!PIZZA
!LOLZ
!LUV
!BEER

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!WINE
!hivebits
!BBH
!CTP
!ENGAGE 100
!PIZZA
!LOLZ
!LUV
!BEER

Posted Using LeoFinance Beta

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MEME will takeout the January peak

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MEME will takeout the January peak

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MEME will takeout the January peak

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MEME will drop below the January low

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MEME will takeout the January peak

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MEME will take out the January peak.

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MEME will drop below the January low

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