Crypto Contest June 20: PRISM Protocol

PRISM Protocol (CoinEx: PRISMUSDT) 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, PRISM began a red wave one advance on June 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 16 and the red wave two (blue sub-waves a-b-c) correction ended on June 18. If this wave count is correct, PRISM should be heading next towards the June 16 peak in the red wave three.

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

Funnymentals

PRISM is a derivatives protocol that introduces new asset classes in DeFi, allowing users to manage the risks associated with volatile prices and unstable yields in a simple and capital-efficient manner. Crypto Empire reviewed the project three months ago.

(Sources: https://prismprotocol.app/)

How Will PRISM Protocol Trade?

PRISM Protocol (CoinEx: PRISMUSDT) 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.

PRISM will takeout the June 15 peak

PRISM will drop below the June 13 low

PRISM will stay in a trading range between the June 13 low and the June 15 peak until July 27