Crypto Contest March 26: PsyOptions

PsyOptions (Gate.io: PSYUSDT) 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, PSY began a red wave one advance on January 21. The red wave one peaked on January 21 and the red wave two (blue sub-waves a-b-c) correction ended on March 18. If this wave count is correct, PSY should be heading next towards the January 21 peak in the red wave three.

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

Funnymentals

PsyOptions offers on-chain options for BTC, ETH & SOL. Ico Investor reviewed the project earlier this year.

(Sources: https://www.psyoptions.io/)

How Will PsyOptions Trade?

PsyOptions (Gate.io: PSYUSDT) 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.

PSY will takeout the January 21 peak

PSY will drop below the January 21 low

PSY will stay in a trading range between the January 21 low and the January 21 peak until May 3