Crypto Contest May 3: Dovu

Dovu (Uniswap: DOVWETH) 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, DOV began a red wave one advance on January 2. The red wave one peaked on January 21 and the red wave two correction ended on February 3. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on February 15 and the red wave four (blue sub-waves a-b-c) correction ended on April 21. If this wave count is correct, DOV should be heading next towards the February 15 peak in the red wave five.

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

Funnymentals

Dovu uses DLT and other web3 technologies to bring carbon markets into the future. Hedera interviewed the Dovu CTO one month ago.

(Sources: https://dovu.earth/)

How Will Dovu Trade?

Dovu (Uniswap: DOVWETH) 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

DOV will takeout the February 15 peak

DOV will drop below the February 3 low

DOV will stay in a trading range between the February 3 low and the February 15 peak until June 8