Crypto Contest May 24: Polylastic

Polylastic (KuCoin: POLXUSDT) 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, POLX began a red wave one advance on March 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 3 and the red wave two (blue sub-waves a-b-c) correction ended on May 9. If this wave count is correct, POLX should be heading next towards the April 3 peak in the red wave three.

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

Funnymentals

Polylastic is a digital finance index protocol geared towards offering the very best indices in the cryptocurrency market. You can find their litepaper here.

(Sources: https://polylastic.io/)

How Will Polylastic Trade?

Polylastic (KuCoin: POLXUSDT) 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

POLX will takeout the April 3 peak

POLX will drop below the March 10 low

POLX will stay in a trading range between the March 10 low and the April 3 peak until June 29