Metavault Trade (Uniswap (V3-Polygon): MVXUSDC) 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, MVX began a red wave one advance on October 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 27 and the red wave two (blue sub-waves a-b-c) correction ended on October 31. If this wave count is correct, MVX should be heading next towards the October 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Metavault Trade is the "next generation" perp DEX with zero slippage swaps and up to 30x leverage. UloggersTV reviewed the project five days ago.
(Sources: https://metavault.trade/)
How Will MVX Trade?
Metavault Trade (Uniswap (V3-Polygon): MVXUSDC) 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.
MVX will takeout the October 27 peak
MVX will drop below the October 22 low
MVX will stay in a trading range between the October 22 low and the October 27 peak until December 11