Crypto Contest January 31: Dogelon Mars

Dogelon Mars (KuCoin: ELONUSDT) 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, ELON began a red wave one advance in July 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in October 2021 and the red wave two (blue sub-waves a-b-c) correction ended in June 2022. If this wave count is correct, ELON should be heading next towards the October 2021 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon plus more. SOAPGAWDSTV reviewed the project less than one day ago.

(Sources: https://dogelonmars.com/)

How Will Dogelon Mars Trade?

Dogelon Mars (KuCoin: ELONUSDT) weekly 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.

ELON will takeout the October 2022 peak

ELON will drop below the October 2022 low

ELON will stay in a trading range between the October 2022 low and the October 2022 peak until March 9

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41 Comments
Ecency