BIBI (Poloniex: BIBIUSDT) 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, BIBI began a red wave one advance on August 29. The red wave one peaked on September 9 and the red wave two correction ended on September 22. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on November 2 and the red wave four (blue sub-waves a-b-c) correction ended on November 9. If this wave count is correct, BIBI should be heading next towards the November 2 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
BIBI is a purely community-driven project with a focus on meme culture that aims to build a creative, interactive, educative, and inclusive community. You can find their tokenomics below.
(Sources: https://bibibsc.io/)
How Will BIBI Trade?
BIBI (Poloniex: BIBIUSDT) 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
BIBI will takeout the November 2 peak
BIBI will drop below the August 29 low
BIBI will stay in a trading range between the August 29 low and the November 2 peak until December 19