Crypto Contest June 19: Adbank

Adbank (KuCoin: ADBBTC) 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, ADB began a red wave one advance on January 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 25, and the red wave two (blue sub-waves a-b-c) correction ended on May 7. If this wave count is correct, ADB should be heading next towards the January 25 peak in the red wave three.

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

Funnymentals

Adbank is an ad platform built on the transparency of blockchain. You can watch their latest AMA below.

(Sources: https://adbank.network/)

How Will Adbank Trade?

Adbank (KuCoin: ADBBTC) 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.

ADB will takeout the January 25 peak

ADB will drop below the January 9 low

ADB will stay in a trading range between the January 9 low and the January 25 peak until July 24