Molecular Future (OKEx: MOFETH) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, MOF began a red wave one advance in August 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2019, and the red wave two (blue sub-waves a-b-c) correction ended on June 24 this year. If this wave count is correct, MOF should be heading next towards the December 2019 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Molecular Future is committed to creating a global one-stop digital asset investment service platform. You can watch their intro video below.
(Sources: http://www.molecular.cc/)How Will Molecular Future Trade?
Molecular Future (OKEx: MOFETH) daily 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.
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.
MOF will takeout the April 15 peak
MOF will drop below the June 24 low
MOF will stay in a trading range between the June 24 low and the April 15 peak until August 3