Crypto Contest June 21: District0x

district0x (Binance: DNTUSD) 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, DNT began a red wave one advance in March 2020. The red wave one peaked in August 2020 and the red wave two correction ended in September 2020. The red wave three advance finished in April this year and the red wave four correction ended this month. If this wave count is correct, DNT should be heading next towards the April peak in the red wave five.

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

Funnymentals

district0x is a network of decentralized marketplaces and communities. Altcoin Radar reviewed the project last month.

(Sources: https://district0x.io/)

How Will district0x Trade?

district0x (Binance: DNTUSD) weekly 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.

DNT will takeout the April peak

DNT will drop below the January low

DNT will stay in a trading range between the January low and the April peak until July 28