Crypto Contest December 1: IOI Token

IOI Token (KuCoin: IOIUSDT) 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, IOI began a red wave one advance on November 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 24 and the red wave two (blue sub-waves a-b-c) correction ended on November 30. If this wave count is correct, IOI should be heading next towards the November 24 peak in the red wave three.

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

Zooming out in the weekly chart, I believe IOI is currently in the red wave three. The red wave one began in July and the red wave two correction ended in October.

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

Funnymentals

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How Will IOI Token Trade?

IOI Token (KuCoin: IOIUSDT) 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.

IOI will takeout the November 24 peak

IOI will drop below the November 18 low

IOI will stay in a trading range between the November 18 low and the November 24 peak until January 8