Crypto Contest June 24: Restart Energy

Restart Energy (KuCoin: MWATETH) 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, MWAT began a red wave one advance on January 8. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 28 and the red wave two (blue sub-waves a-b-c) correction ended on May 5. If this wave count is correct, MWAT should be heading next towards the March 28 peak in the red wave three.

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

Funnymentals

Restart Energy is a tokenized CO2 offset system, supported by the MWAT token. You can watch the CEO presentation below.

(Sources: https://platformared.ro/)

How Will Restart Energy Trade?

Restart Energy (KuCoin: MWATETH) daily chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

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.

MWAT will takeout the March 28 peak

MWAT will drop below the January 8 low

MWAT will stay in a trading range between the January 8 low and the March 28 peak until July 31

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101 Comments