Crypto Contest May 7: Catwifhat

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catwifhat (FluxBeam: $CWIFUSD) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, $CWIF began a red wave one advance in December 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in March this year and the red wave two (blue sub-waves a-b-c) correction ended on May 1. If this wave count is correct, $CWIF should be heading next towards the March peak in the red wave three.

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

Funnymentals

catwifhat is the hattest cat on Solana, wif a 4% auto-burn per on-chain transaction. Angry Crypto Show reviewed the project one month ago.

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

How Will catwifhat Trade?

catwifhat (FluxBeam: $CWIFUSD) daily chart by Tradingview.

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(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

$CWIF will takeout the March 2024 peak

$CWIF will drop below the December 2023 low

$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

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46 comments
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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

Cheers!

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

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$CWIF will drop below the December 2023 low

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12
!BEER

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$CWIF will takeout the March 2024 peak
!ALIVE
!PIZZA

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@maarnio! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ libertycrypto27. (2/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

!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. (1/5)

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$CWIF will drop below the December 2023 low

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

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$CWIF will stay in a trading range between the December 2023 low and the March 2024 peak until June 12

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Reply