ApeCoin (Binance: APEUSDT) 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, APE began a red wave one advance on November 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 10 and the red wave two (blue sub-waves a-b-c) correction ended on December 18. If this wave count is correct, APE should be heading next towards the December 10 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
ApeCoin is an ERC-20 governance and utility token used to empower a decentralized community building at the forefront of web3. Crypto With James reviewed the project three weeks ago.
(Sources: https://apecoin.com/)
How Will ApeCoin Trade?
ApeCoin (Binance: APEUSDT) 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
APE will takeout the December 10 peak
APE will drop below the November 18 low
APE will stay in a trading range between the November 18 low and the December 10 peak until January 26, 2024