Crypto Contest June 1: Internet Computer

Internet Computer (Binance: ICPUSDT) 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, ICP began a red wave one advance on May 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 20 and the red wave two (blue sub-waves a-b-c) correction ended on May 31. If this wave count is correct, ICP should be heading next towards the May 20 peak in the red wave three.

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

Funnymentals

The Internet Computer is the "world’s first blockchain that runs at web speed with unbounded capacity". Coin Bureau reviewed the project one week ago.

(Sources: https://dfinity.org/)

How Will Internet Computer Trade?

Internet Computer (Binance: ICPUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

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.

ICP will takeout the May 20 peak

ICP will drop below the May 19 low

ICP will stay in a trading range between the May 19 low and the May 20 peak until July 8