IQ (CRYPTO: IQUSD) 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, IQ began a red wave one advance in October 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in April 2021 and the red wave two (blue sub-waves a-b-c) correction ended in November 2022. If this wave count is correct, IQ should be heading next towards the April 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
IQ.wiki is the "world's largest" blockchain encyclopedia and is powered by the IQ token. Crypto Coin Show interviewed Navin Vethanayagam, Chief Brain of IQ.Wiki, one month ago.
(Sources: https://iq.wiki/)
How Will IQ Trade?
IQ (CRYPTO: IQUSD) 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
IQ will takeout the July 29 peak
IQ will drop below the June 15 low
IQ will stay in a trading range between the June 15 low and the July 29 peak until October 29