Foxy (Bybit: FOXYUSDT) 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, FOXY began a red wave one advance on April 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 1 and the red wave two (blue sub-waves a-b-c) correction ended on September 2. If this wave count is correct, FOXY should be heading next towards the June 1 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Foxy is a mascot token for the Linea blockchain. Joe Parys Crypto reviewed the project three months ago.
(Sources: https://www.welikethefox.io/)
How Will Foxy Trade?
Foxy (Bybit: FOXYUSDT) 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
FOXY will takeout the June 1 peak
FOXY will drop below the April 12 low
FOXY will stay in a trading range between the April 12 low and the June 1 peak until December 16
Posted Using InLeo Alpha
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