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Crypto Contest October 15: Bone ShibaSwap

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Markus Aarnio
@maarnio
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Bone ShibaSwap (MEXC: BONEUSDT) has broken out of the triangle pattern in the daily chart. (Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, BONE began a red wave one advance on May 11. The red wave one peaked on June 8 and the red wave two correction ended on June 12. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on August 30 and the red wave four (blue sub-waves a-b-c) correction ended on October 13. If this wave count is correct, BONE should be heading next towards the August 30 peak in the red wave five. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

BONE is a governance token of Shibaswap ecosystem which will allow the ShibArmy to vote on upcoming proposals. Gossipator reviewed the latest news from Bone yesterday.

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

How Will Bone ShibaSwap Trade?

Bone ShibaSwap (MEXC: BONEUSDT) 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.

BONE will takeout the August 30 peak

BONE will drop below the May 11 low

BONE will stay in a trading range between the May 11 low and the August 30 peak until November 21

Posted Using LeoFinance Beta