Crypto Contest October 27: Brainlet

in voilk •  2 months ago

    Brainlet (MEXC: BRAINLETUSDT) 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, BRAINLET began a red wave one advance on October 3. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 11 and the red wave two (blue sub-waves a-b-c) correction ended on October 23. If this wave count is correct, BRAINLET should be heading next towards the October 11 peak in the red wave three.

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

    Funnymentals

    Brainlet is a Solana-based memecoin that combines the humor and culture of internet memes with decentralized finance principles. Two Minute Memes reviewed the project one month ago.

    (Sources: https://brainlet.community/)

    How Will Brainlet Trade?

    Brainlet (MEXC: BRAINLETUSDT) 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

    BRAINLET will takeout the October 11 peak

    BRAINLET will drop below the October 3 low

    BRAINLET will stay in a trading range between the October 3 low and the October 11 peak until December 2

    Posted Using InLeo Alpha

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