Crypto Contest June 11: Lithium

Lithium (KuCoin: LITHUSDT) 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, LITH began a red wave one advance on May 28. The red wave one peaked on May 30 and the red wave two correction ended on June 3. The red wave three advance finished on June 3 and the red wave four correction ended on June 10. If this wave count is correct, LITH should be heading next towards the June 3 peak in the red wave five.

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

Funnymentals

Lithium Finance is the "first" blockchain protocol for illiquid assets pricing. No Bs Crypto reviewed the project six months ago.

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

How Will Lithium Trade?

Lithium (KuCoin: LITHUSDT) 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.

LITH will takeout the June 3 peak

LITH will drop below the May 28 low

LITH will stay in a trading range between the May 28 low and the June 3 peak until July 18