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Crypto Contest November 3: Binamon

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@maarnio
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Binamon (KuCoin: BMONUSDT) has broken out of the triangle pattern in the four-hour chart. (Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, BMON began a red wave one advance on October 27. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 29 and the red wave two (blue sub-waves a-b-c) correction ended on November 3. If this wave count is correct, BMON should be heading next towards the October 29 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

Binamon is a complete metaverse of Digital Monsters that live on the Binance Smart Chain, which allows people to join the NFT & blockchain-based gaming world in an "easy, creative and fun way". You can watch their intro video below.

(Sources: https://binamon.org/)

How Will Binamon Trade?

Binamon (KuCoin: BMONUSDT) four-hour chart by Tradingview. (Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25 (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.

BMON will takeout the October 29 peak

BMON will drop below the October 27 low

BMON will stay in a trading range between the October 27 low and the October 29 peak until December 11

Posted Using LeoFinance Beta