Crypto Contest August 26: The MVP Society

The MVP Society (Raydium: DGENUSD) 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, DGEN began a red wave one advance on August 21. The red wave one peaked on August 23 and the red wave two correction ended on August 23. The red wave three finished on August 23 and the red wave four correction ended on August 25. If this wave count is correct, DGEN should be heading next towards the August 23 peak in the red wave five.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

DGEN is the core token of The MVP Society, created for degens to transact in all things sports, wagering, and in-between. You can find some basic information about the project from their CoinMarketCap page.

(Sources: https://thirdtimegames.com/themvpsociety/)

How Will The MVP Society Trade?

The MVP Society (Raydium: DGENUSD) four-hour 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

DGEN will takeout the August 23 peak

DGEN will drop below the August 21 low

DGEN will stay in a trading range between the August 21 low and the August 23 peak until October 1

Posted Using LeoFinance Alpha