Ponke (MEXC: PONKEUSDT) 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, PONKE began a red wave one advance on January 3. The red wave one peaked on January 4 and the red wave two correction ended on January 6. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on January 23 and the red wave four (blue sub-waves a-b-c) correction ended on January 28. If this wave count is correct, PONKE should be heading next towards the January 23 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Ponke is a meme coin on Solana. Austin Hilton reviewed the project yesterday.
(Sources: https://www.ponke.xyz/)
How Will Ponke Trade?
Ponke (MEXC: PONKEUSDT) 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
PONKE will takeout the January 23 peak
PONKE will drop below the January 3 low
PONKE will stay in a trading range between the January 3 low and the January 23 peak until March 6