Crypto Contest April 17: Tulip Protocol

Tulip Protocol (FTX: TULIPUSD) 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, TULIP began a red wave one advance on March 21. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 2 and the red wave two (blue sub-waves a-b-c) correction ended on April 12. If this wave count is correct, TULIP should be heading next towards the April 2 peak in the red wave three.

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

Funnymentals

Tulip Protocol is Solana's yield aggregation Homestead. James Bachini reviewed the project four months ago.

(Sources: https://tulip.garden/)

How Will Tulip Protocol Trade?

Tulip Protocol (FTX: TULIPUSD) four-hour chart by Tradingview.

(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.

TULIP will takeout the April 2 peak

TULIP will drop below the March 21 low

TULIP will stay in a trading range between the March 21 low and the April 2 peak until May 24