Crypto Contest April 11: Maro

Maro (Bittrex: MAROBTC) 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, MARO began a red wave one advance on December 26, 2020. The red wave one peaked on March 23 this year and the red wave two correction ended on March 26. The red wave three advance finished on April 1 and the red wave four correction ended on April 7. If this wave count is correct, MARO should be heading next towards the April 1 peak in the red wave five.

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

Funnymentals

Maro builds an open infrastructure that seamlessly connects billions to the global economy market. SMALLCAP GEMS reviewed the project one week ago.

(Sources: https://ma.ro/)

How Will Maro Trade?

Maro (Bittrex: MAROBTC) 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.

MARO will takeout the April 1 peak

MARO will drop below the March 26 low

MARO will stay in a trading range between the March 26 low and the April 1 peak until May 18