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Crypto Contest March 22: BOOK OF MEME

maarnio - 2024-03-22 15:56:36

BOOK OF MEME (HTX: BOMEUSDT) has broken out of the triangle pattern in the four-hour chart.
https://i.postimg.cc/vBT6k8x7/Nimet-n.png
(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, BOME began a red wave one advance on March 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 16 and the red wave two (blue sub-waves a-b-c) correction ended on March 19. If this wave count is correct, BOME should be heading next towards the March 16 peak in the red wave three.
https://i.postimg.cc/0jZsKSCD/nimet-n2.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


BOOK OF MEME is an experimental project poised to redefine web3 culture by "amalgamating memes, decentralized storage solutions, and degen shitcoin trading and gambling". Nee The Guy reviewed the project three days ago.



(Sources: https://deca.art/darkfarms1)


How Will BOOK OF MEME Trade?


BOOK OF MEME (HTX: BOMEUSDT) four-hour chart by Tradingview.
https://i.postimg.cc/cLjBN4nc/nimet-n3.png
(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


BOME will takeout the March 16 peak


BOME will drop below the March 15 low


BOME will stay in a trading range between the March 15 low and the March 16 peak until April 27