Crypto Contest May 12: JUST

JUST (Poloniex: JSTUSDT) has broken out of the triangle pattern in the one-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, JST began a red wave one advance on May 7. The red wave one finished on the same day, and the red wave two (blue sub-waves a-b-c) correction ended on May 9. If this wave count is correct, JST should be heading next towards the May 7 peak in the red wave three.

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

Funnymentals

JUST aims to build a fair, decentralized financial system that provides stablecoin lending and governance mechanisms for users. You can watch Justin Sun talk about JUST below.

(Sources: https://just.network/#/)

How Will JUST Trade?

JUST (Poloniex: JSTUSDT) one-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.

JST will takeout the May 7 peak

JST will drop below the May 7 low

JST will stay in a trading range between the May 7 low and the May 7 peak until June 16