Bonk (Gate.io: BONKUSDT) has broken out of the triangle pattern in the four-hour chart.
https://i.postimg.cc/G2421dBv/nimet-n.png
(Chart courtesy of Tradingview.com(log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, BONK began a red wave one advance on January 4. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 5 and the red wave two (blue sub-waves a-b-c) correction ended on January 6. If this wave count is correct, BONK should be heading next towards the January 5 peak in the red wave three.
https://i.postimg.cc/2jxJfhDF/nimet-n2.png
(Chart courtesy of Tradingview.com(log scale))

**Funnymentals**

Bonk is the "first" Solana Dog Coin for the people and by the people. Joe Parys Crypto reviewed the project one day ago.
<iframe width="560" height="315" src="https://www.youtube.com/embed/xtKmRXNhqkk" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>

(Sources: https://www.bonkcoin.com/)

**How Will Bonk Trade?**

Bonk (Gate.io: BONKUSDT) four-hour chart by Tradingview.
https://i.postimg.cc/nh02Rb6v/nimet-n3.png
(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.

BONK will takeout the January 5 peak

BONK will drop below the January 4 low

BONK will stay in a trading range between the January 4 low and the January 5 peak until February 13



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@maarnio/crypto-contest-january-7-bonk)