Crypto Contest June 22: SwissBorg

SwissBorg (KuCoin: CHSBBTC) 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, CHSB began a red wave one advance on June 2. The red wave one finished on June 9, and the red wave two correction ended on June 11. The red wave three advance finished on June 17, and the red wave four correction ended on June 21. If this wave count is correct, CHSB should be heading next towards the June 17 peak in the red wave five.

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

Zooming out in the daily chart, I believe CHSB is currently in the red wave three (blue sub-wave v). The red wave three began on June 2.

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

Looking at the weekly chart, CHSB is most likely in the red wave three. The red wave three began on May 2.

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

Funnymentals

SwissBorg is making crypto asset management accessible to everyone. You can watch their intro video below.

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

How Will SwissBorg Trade?

SwissBorg (KuCoin: CHSBBTC) 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.

CHSB will takeout the June 17 peak

CHSB will drop below the June 11 low

CHSB will stay in a trading range between the June 11 low and the June 17 peak until July 27