Crypto Contest May 25: TitanSwap

TitanSwap (Huobi: TITANUSDT) 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, TITAN began a red wave one advance on September 24, 2020. The red wave one peaked on November 10, 2020 and the red wave two correction ended on November 19, 2020. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on May 13 this year and the red wave four (blue sub-waves a-b-c) correction ended on May 19. If this wave count is correct, TITAN should be heading next towards the May 19 peak in the red wave five.

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

Funnymentals

Titan Swap is an across chains decentralized integrated trading platform. You can read their latest monthly report here.

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

How Will TitanSwap Trade?

TitanSwap (Huobi: TITANUSDT) 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.

TITAN will takeout the May 13 peak

TITAN will drop below the March 25 low

TITAN will stay in a trading range between the March 25 low and the May 13 peak until July 1