Crypto Contest August 20: Tenset

Tenset (Gate.io: 10SETUSDT) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, 10SET began a red wave one advance in May 2021. The red wave one peaked in May 2021 and the red wave two (blue sub-waves a-b-c) correction ended in November 2021. If this wave count is correct, 10SET should be heading next towards the May 2021 peak in the red wave three.

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

Funnymentals

Tenset is an emerging blockchain project that envisions itself to be the bridge between crypto assets and the traditional stock market. You can watch their intro video below.

(Sources: https://www.tenset.io/)

How Will Tenset Trade?

Tenset (Gate.io: 10SETUSDT) weekly 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.

10SET will takeout the May 2021 peak

10SET will drop below the May 2021 low

10SET will stay in a trading range between the May 2021 low and the May 2021 peak until September 26