CatCoin (PancakeSwap: CATUSD) 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, CAT began a red wave one advance on February 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 26 and the red wave two (blue sub-waves a-b-c) correction ended on May 24. If this wave count is correct, CAT should be heading next towards the March 26 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Catcoin is a cat theme token that focuses on community decentralization and adoption. Crypto RJ reviewed the project one month ago.
(Sources: https://catcoin.com/)
How Will CatCoin Trade?
CatCoin (PancakeSwap: CATUSD) 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
CAT will takeout the March 26 peak
CAT will drop below the February 5 low
CAT will stay in a trading range between the February 5 low and the March 26 peak until July 15