Morpheus.Network (KuCoin: MNWUSDT) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, MNW began a red wave one advance in June 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in February this year and the red wave two (blue sub-waves a-b-c) correction ended in July. If this wave count is correct, MNW should be heading next towards the February peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Morpheus.Network optimizes supply chains. Tokenicer interviewed the team one month ago.
(Sources: https://morpheus.network/)
How Will Morpheus.Network Trade?
Morpheus.Network (KuCoin: MNWUSDT) 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
MNW will takeout the May 31 peak
MNW will drop below the July 15 low
MNW will stay in a trading range between the July 15 low and the May 31 peak until November 24