Crypto Contest December 2: Boba Network
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Boba Network (FTX: BOBAUSD) 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, BOBA began a red wave one advance on November 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 25 and the red wave two (blue sub-waves a-b-c) correction ended on December 1. If this wave count is correct, BOBA should be heading next towards the November 25 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Boba is an L2 Ethereum scaling & augmenting solution built by the Enya team as core contributors to the OMG Foundation. DeGate DEX interviewed the founder two weeks ago.
(Sources: https://boba.network/)
How Will Boba Network Trade?
Boba Network (FTX: BOBAUSD) 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.
BOBA will takeout the November 25 peak
BOBA will drop below the November 20 low
BOBA will stay in a trading range between the November 20 low and the November 25 peak until January 9
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