Unisocks (Uniswap: SOCKSWETH) 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, SOCKS began a red wave one advance on January 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 3 and the red wave two (blue sub-waves a-b-c) correction ended on March 18. If this wave count is correct, SOCKS should be heading next towards the March 3 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Unisocks is an “experimental” non-fungible token (NFT) listed on the Uniswap exchange, which represents a real pair of limited edition and dynamically priced socks that users can purchase from anywhere in the world. Ayman Mufleh reviewed the socks earlier this month.
(Sources: https://unisocks.exchange/)
How Will Unisocks Trade?
Unisocks (Uniswap: SOCKSWETH) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
SOCKS will takeout the March 3 peak
SOCKS will drop below the January 20 low
SOCKS will stay in a trading range between the January 20 low and the March 3 peak until April 26
