Crypto Contest May 8: XCAD Network

XCAD Network (KuCoin: XCADUSDT) 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, XCAD began a red wave one advance on July 22, 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 20 this year and the red wave two (blue sub-waves a-b-c) correction ended on April 12. If this wave count is correct, XCAD should be heading next towards the January 20 peak in the red wave three.

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

Funnymentals

XCAD Network is a watch-to-earn platform. Financial Success reviewed the project two weeks ago.

(Sources: https://xcadnetwork.com/)

How Will XCAD Network Trade?

XCAD Network (KuCoin: XCADUSDT) 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.

XCAD will takeout the January 2022 peak

XCAD will drop below the July 2021 low

XCAD will stay in a trading range between the July 2021 low and the January 2022 peak until June 14