Crypto Contest May 28: Threshold

Threshold (Binance: TUSDT) 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, T began a red wave one advance on May 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 19 and the red wave two (blue sub-waves a-b-c) correction ended on May 27. If this wave count is correct, T should be heading next towards the May 19 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

Threshold is the product of the protocol merger between the Keep Network and NuCypher, which was finalized on January 1, 2022 with the launch of the T token. You can watch their latest community call below.

(Sources: https://threshold.network/)

How Will Threshold Trade?

Threshold (Binance: TUSDT) 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.

T will takeout the May 19 peak

T will drop below the May 12 low

T will stay in a trading range between the May 12 low and the May 19 peak until July 4

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