Crypto Contest June 12: Metavisa Protocol

Metavisa Protocol (Huobi: MESAUSDT) 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, MESA began a red wave one advance on May 29. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 31 and the red wave two (blue sub-waves a-b-c) correction ended on June 3. If this wave count is correct, MESA should be heading next towards the May 31 peak in the red wave three.

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

Funnymentals

MetaVisa, a Web3.0 middleware protocol, aims to be the decentralized identity and credit system in metaverse. Haiwy reviewed the project five months ago.

(Sources: https://www.metavisa.com/)

How Will Metavisa Protocol Trade?

Metavisa Protocol (Huobi: MESAUSDT) 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.

MESA will takeout the May 31 peak

MESA will drop below the May 29 low

MESA will stay in a trading range between the May 29 low and the May 31 peak until July 19