Crypto Contest June 4: Metadium

Metadium (Bithumb: METAKRW) 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, META began a red wave one advance on May 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 21, and the red wave two (blue sub-waves a-b-c) correction ended on June 2. If this wave count is correct, META should be heading next towards the May 21 peak in the red wave three.

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

Funnymentals

Metadium is the "next-generation" identity protocol powered by blockchain. You can read their roadmap here.

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

How Will Metadium Trade?

Metadium (Bithumb: METAKRW) four-hour 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.

META will takeout the May 21 peak

META will drop below the May 14 low

META will stay in a trading range between the May 14 low and the May 21 peak until July 9

Posted Using LeoFinance