Crypto Contest June 3: UREEQA

UREEQA (Bittrex: URQAUSD) 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, URQA began a red wave one advance on May 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 26 and the red wave two (blue sub-waves a-b-c) correction ended on May 31. If this wave count is correct, URQA should be heading next towards the May 26 peak in the red wave three.

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

Funnymentals

UREEQA is a community bringing together creators, validators, tokenholders, protectors, and collectors to protect, manage and monetize creative work. BlockchainBrad interviewed the CEO earlier this year.

(Sources: https://www.ureeqa.com/)

How Will UREEQA Trade?

UREEQA (Bittrex: URQAUSD) 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.

URQA will takeout the May 26 peak

URQA will drop below the May 23 low

URQA will stay in a trading range between the May 23 low and the May 26 peak until July 10