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Crypto Contest March 5: Kishu Inu

maarnio - 2024-03-05 13:47:06

Kishu Inu (Uniswap: KISHUUSD) has broken out of the triangle pattern in the weekly chart.
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(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, KISHU began a red wave one advance in April 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in May 2021 and the red wave two (blue sub-waves a-b-c) correction ended in September 2023. If this wave count is correct, KISHU should be heading next towards the May 2021 peak in the red wave three.
image.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


Kishu Inu is a dog-based meme cryptocurrency that has selected the ‘Kishu’ dog breed as its mascot for its brand. They have implemented a 2% usage reward.

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


How Will Kishu Inu Trade?


Kishu Inu (Uniswap: KISHUUSD) weekly chart by Tradingview.
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(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


KISHU will takeout the October 2021 peak


KISHU will drop below the September 2023 low


KISHU will stay in a trading range between the September 2023 low and the October 2021 peak until April 10