Crypto Contest December 23: FEG Token

FEG Token (Gate.io: FEGUSDT) 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, FEG began a red wave one advance on November 27. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 10 and the red wave two (blue sub-waves a-b-c) correction ended on December 18. If this wave count is correct, FEG should be heading next towards the December 10 peak in the red wave three.

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

Funnymentals

FEG Token is the asset-backed & passive income earning governance token of its fully decentralized ecosystem, operating on the Ethereum blockchain (ERC-20) & Binance Smart Chain (BEP-20). Cryptos Richboy reviewed the project one week ago.

(Sources: https://fegtoken.com/)

How Will FEG Token Trade?

FEG Token (Gate.io: FEGUSDT) 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

FEG will takeout the December 10 peak

FEG will drop below the November 27 low

FEG will stay in a trading range between the November 27 low and the December 10 peak until January 28, 2024