Crypto Contest June 28: Beefy.Finance

Beefy.Finance (Binance: BIFIBUSD) 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 May 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 18 and the red wave two (blue sub-waves a-b-c) correction ended on June 26. If this wave count is correct, BIFI should be heading next towards the June 18 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))

Zooming out in the line chart, I believe BIFI is currently in the red wave three. The red wave one began in October 2020 and the red wave two correction ended on May 23 this year. (Chart courtesy of CoinMarketCap.com)

Funnymentals

Beefy.Finance is a multichain yield optimizer that auto-compounds your crypto on BSC, Polygon, Fantom, HECO and Avalanche. Crypto Girlfriend reviewed the project earlier this year.

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

How Will Beefy.Finance Trade?

Beefy.Finance (Binance: BIFIBUSD) four-hour 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.

BIFI will takeout the June 18 peak

BIFI will drop below the May 23 low

BIFI will stay in a trading range between the May 23 low and the June 18 peak until August 4

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