Donke (Raydium: DONKEUSD) 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, DONKE began a red wave one advance on May 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 28 and the red wave two (blue sub-waves a-b-c) correction ended on May 30. If this wave count is correct, DONKE should be heading next towards the May 28 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
DONKE is a wild, meme-loving degen on the Solana network. Casey Callouts reviewed the project five days ago.
(Sources: https://donkeonsol.org/)
How Will Donke Trade?
Donke (Raydium: DONKEUSD) 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
DONKE will takeout the May 28 peak
DONKE will drop below the May 26 low
DONKE will stay in a trading range between the May 26 low and the May 28 peak until July 6