Crypto Contest June 2: Symbol

Symbol (Bittrex: XYMUSD) 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, XYM began a red wave one advance on April 29. The red wave one peaked on April 29 and the red wave two (blue sub-waves a-b-c) correction ended on May 23. If this wave count is correct, XYM should be heading next towards the April 29 peak in the red wave three.

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

Funnymentals

Symbol is a "trusted and secure" enterprise blockchain that "smooths business friction, increasing the flow of data and innovation to supercharge the creation, exchange and protection of assets". Altcoin Daily reviewed the project three months ago.

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

How Will Symbol Trade?

Symbol (Bittrex: XYMUSD) daily 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.

XYM will takeout the April 29 peak

XYM will drop below the April 29 low

XYM will stay in a trading range between the April 29 low and the April 29 peak until July 9