Crypto Contest April 29: KlayCity

KlayCity (Gate.io: ORBUSDT) 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, ORB began a red wave one advance on March 21. The red wave one peaked on March 22 and the red wave two (blue sub-waves a-b-c) correction ended on April 27. If this wave count is correct, ORB should be heading next towards the March 22 peak in the red wave three.

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

Funnymentals

KlayCity metaverse is the first official metaverse land project built on Klaytn and backed by Krust, Kakao’s blockchain subsidiary. You can find their roadmap here.

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

How Will KlayCity Trade?

KlayCity (Gate.io: ORBUSDT) daily 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.

ORB will takeout the March 22 peak

ORB will drop below the March 21 low

ORB will stay in a trading range between the March 21 low and the March 22 peak until June 5