Crypto Contest December 1: Ethernity

Ethernity (Binance: ERNUSDT) 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, ERN began a red wave one advance on September 21. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 2 and the red wave two (blue sub-waves a-b-c) correction ended on November 9. If this wave count is correct, ERN should be heading next towards the October 2 peak in the red wave three.

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

Funnymentals

Ethernity is a blockchain-based platform that allows users to take advantage of the increasing popularity of non-fungible tokens (NFTs). Money Barrels reviewed the project one month ago.

(Sources: https://ethernity.io/)

How Will Ethernity Trade?

Ethernity (Binance: ERNUSDT) 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.

ERN will takeout the October 2 peak

ERN will drop below the September 21 low

ERN will stay in a trading range between the September 21 low and the October 2 peak until January 7