Crypto Contest April 11: STEPN

STEPN (Binance: GMTUSDT) 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, GMT began a red wave one advance on March 9. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 17 and the red wave two correction ended on March 20. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on April 1 and the red wave four (blue sub-waves a-b-c) correction ended on April 7. If this wave count is correct, GMT should be heading next towards the April 1 peak in the red wave five.

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

Funnymentals

STEPN is a Web3 lifestyle app with social & game elements. Bitcoin Daily reviewed the project two days ago.

(Sources: https://www.stepn.com/)

How Will STEPN Trade?

STEPN (Binance: GMTUSDT) four-hour 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.

GMT will takeout the April 1 peak

GMT will drop below the March 20 low

GMT will stay in a trading range between the March 20 low and the April 1 peak until May 18