Crypto Contest June 24: Beefy Finance

Beefy Finance (Binance: BIFIUSDT) 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, BIFI began a red wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 20 and the red wave two (blue sub-waves a-b-c) correction ended on June 23. If this wave count is correct, BIFI should be heading next towards the June 20 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

Beefy Finance is a decentralized, multi-chain yield optimizer platform that allows its users to earn compound interest on their crypto holdings. Crypto 618 reviewed the project last month.

(Sources: https://beefy.finance/)

How Will Beefy Finance Trade?

Beefy Finance (Binance: BIFIUSDT) 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.

BIFI will takeout the June 20 peak

BIFI will drop below the June 18 low

BIFI will stay in a trading range between the June 18 low and the June 20 peak until July 31

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