Crypto Contest June 9: Sinverse

Sinverse (Gate.io: SINUSDT) 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, SIN began a red wave one advance on May 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 20 and the red wave two (blue sub-waves a-b-c) correction ended on June 7. If this wave count is correct, SIN should be heading next towards the May 20 peak in the red wave three.

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

Funnymentals

Sinverse is a metaverse, centered around an underworld play-to-earn game housing multiple gaming projects for an immersive experience. reed sct reviewed the project three months ago.

(Sources: https://sinverse.com/)

How Will Sinverse Trade?

Sinverse (Gate.io: SINUSDT) 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.

SIN will takeout the May 20 peak

SIN will drop below the May 12 low

SIN will stay in a trading range between the May 12 low and the May 20 peak until July 16