Crypto Contest May 24: Faith Tribe

Faith Tribe (Gate.io: FTRBUSDT) 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, FTRB began a red wave one advance on May 12. The red wave one peaked on May 12 and the red wave two (blue sub-waves a-b-c) correction ended on May 22. If this wave count is correct, FTRB should be heading next towards the May 12 peak in the red wave three.

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

Funnymentals

Faith Tribe is a collaborative open-source fashion design platform that empowers and rewards independent creators in the web3 economy. You can watch their latest AMA below.

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

How Will Faith Tribe Trade?

Faith Tribe (Gate.io: FTRBUSDT) 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.

FTRB will takeout the May 12 peak

FTRB will drop below the May 12 low

FTRB will stay in a trading range between the May 12 low and the May 12 peak until June 30