Crypto Contest June 23: MongCoin

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MongCoin (Uniswap: MONGUSD) 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, MONG began a red wave one advance on April 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 6 and the red wave two (blue sub-waves a-b-c) correction ended on June 13. If this wave count is correct, MONG should be heading next towards the May 6 peak in the red wave three.

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

Funnymentals

MONG is the "first" memecoin created by congress. Jake Gagain reviewed the project two days ago.

(Sources: https://mongmob.xyz/)

How Will MongCoin Trade?

MongCoin (Uniswap: MONGUSD) 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

MONG will takeout the May 6 peak

MONG will drop below the April 26 low

MONG will stay in a trading range between the April 26 low and the May 6 peak until July 29

Posted Using LeoFinance Alpha



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48 comments
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MONG will takeout the May 6 peak

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MONG will stay in a trading range between the April 26 low and the May 6 peak until July 29

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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!WINE
!LOLZ
!LUV
!PIZZA

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(Edited)

PIZZA!

$PIZZA slices delivered:
eii tipped maarnio
maarnio tipped eii
@maarnio(2/5) tipped @shturm
shturm tipped maarnio

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MONG will drop below the April 26 low

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MONG will drop below the April 26 low

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Detailed analysis... I think it will stay in trading range... Except we see some huge market rally otherwise it will stay in trading range

Posted using IceBreak

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MONG will stay in a trading range between the April 26 low and the May 6 peak until July 29

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MONG will takeout the May 6 peak

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