SHIKOKU (Uniswap: SHIKWETH) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, SHIK began a red wave one advance in November 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in January this year and the red wave two (blue sub-waves a-b-c) correction ended in February. If this wave count is correct, SHIK should be heading next towards the January peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
SHIKOKU is a decentralized memecoin experiment. MicrocapCrypto Daily reviewed the project two months ago.
(Sources: https://www.shikoku.io/)
How Will SHIKOKU Trade?
SHIKOKU (Uniswap: SHIKWETH) 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.
SHIK will takeout the January 2023 peak
SHIK will drop below the December 2022 low
SHIK will stay in a trading range between the December 2022 low and the January 2023 peak until April 12
