BOBO Coin (MEXC: BOBOUSDT) 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, BOBO began a red wave one advance on February 3. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 1 and the red wave two (blue sub-waves a-b-c) correction ended on May 19. If this wave count is correct, BOBO should be heading next towards the April 1 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Bobo the Bear is a meme character associated with bear markets. Gerhard - Bitcoin Strategy reviewed the project today.
(Sources: https://bobothebear.io/)
How Will BOBO Coin Trade?
BOBO Coin (MEXC: BOBOUSDT) 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
BOBO will takeout the April 1 peak
BOBO will drop below the February 3 low
BOBO will stay in a trading range between the February 3 low and the April 1 peak until July 13