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Crypto Contest October 22: Radio Caca

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@maarnio
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Radio Caca (PancakeSwap: RACAUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, RACA began a red wave one advance on August 20. The red wave one peaked on August 25 and the red wave two correction ended on September 26. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on October 11 and the red wave four (blue sub-waves a-b-c) correction ended on October 15. If this wave count is correct, RACA should be heading next towards the October 11 peak in the red wave five.

(Chart courtesy of Tradingview.com)

Funnymentals

Radio Caca is the exclusive manager of Maye Musk Mystery Box NFT and governance token for the USM metaverse. Crypto Top Charts reviewed the project three months ago.

(Sources: https://www.radiocaca.com)

How Will Radio Caca Trade?

Radio Caca (PancakeSwap: RACAUSD) daily chart by Tradingview.

(Chart courtesy of Tradingview.com)

Prizes

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

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.

RACA will takeout the October 11 peak

RACA will drop below the September 26 low

RACA will stay in a trading range between the September 26 low and the October 11 peak until November 29

Posted Using LeoFinance Beta