Crypto Contest April 15: Dawn Protocol

Dawn Protocol (Bittrex: DAWNUSD) 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, DAWN began a red wave one advance on December 30, 2020. The red wave one peaked on February 25 this year and the red wave two correction ended on March 1. If this wave count is correct, DAWN should be heading next towards the April 5 peak in the red wave three (blue sub-wave v). (Chart courtesy of Tradingview.com (log scale))

Funnymentals

Dawn Protocol is a global, self-governed, and open-sourced protocol that empowers and rewards gamers. You can read their latest newsletter here. (Sources: https://www.dawn.org/)

How Will Dawn Protocol Trade?

Dawn Protocol (Bittrex: DAWNUSD) 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.

DAWN will takeout the April 5 peak

DAWN will drop below the April 2 low

DAWN will stay in a trading range between the April 2 low and the April 5 peak until May 22

Posted Using LeoFinance ^Beta