Crypto Contest July 22: DigitalNote

DigitalNote (Bittrex: XDNUSD) has broken out of the triangle pattern in the monthly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, XDN began a red wave one advance in November 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in March this year. If this wave count is correct, XDN should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

DigitalNote is a Proof-of-Work/Proof-of-Stake hybrid blockchain with instant transactions and highly secure encrypted messaging features at its core. They just announced a new exchange listing.

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

How Will DigitalNote Trade?

DigitalNote (Bittrex: XDNUSD) monthly 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.

XDN will takeout the June 2019 peak

XDN will drop below the March 2020 low

XDN will stay in a trading range between the March 2020 low and the June 2019 peak until August 27