Crypto Contest February 21: Renewable Energy

in #fbcrypto7 months ago

Renewable Energy (MEXC: RETUSDT) 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, RET began a red wave one advance on December 10, 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 29, 2023 and the red wave two (blue sub-waves a-b-c) correction ended on February 12 this year. If this wave count is correct, RET should be heading next towards the December 29 peak in the red wave three.

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

Funnymentals

Renewable Energy Token will keep this earth green. airflycrypto reviewed the project three weeks ago.

(Sources: https://ret.life/)

How Will Renewable Energy Token Trade?

Renewable Energy (MEXC: RETUSDT) 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

RET will takeout the December 29 peak

RET will drop below the December 10 low

RET will stay in a trading range between the December 10 low and the December 29 peak until March 28

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RET will stay in a trading range between the December 10 low and the December 29 peak until March 28

RET will drop below the December 10 low

RET will takeout the December 29 peak

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RET will stay in a trading range between the December 10 low and the December 29 peak until March 28

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RET will stay in a trading range between the December 10 low and the December 29 peak until March 28

RET will stay in a trading range between the December 10 low and the December 29 peak until March 28

RET will stay in a trading range between the December 10 low and the December 29 peak until March 28

RET will takeout the December 29 peak

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