Welshcorgicoin (MEXC: WELSHUSDT) 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, WELSH began a red wave one advance on February 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 4 and the red wave two (blue sub-waves a-b-c) correction ended on March 10. If this wave count is correct, WELSH should be heading next towards the March 4 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Welshcorgicoin is the first memecoin built on Bitcoin using Stacks (STX) blockchain. The Crypto Report reviewed the project one week ago.
(Sources: https://www.welshtoken.com/)
How Will Welshcorgicoin Trade?
Welshcorgicoin (MEXC: WELSHUSDT) 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
WELSH will takeout the March 4 peak
WELSH will drop below the February 6 low
WELSH will stay in a trading range between the February 6 low and the March 4 peak until April 16