Crypto Contest May 13: Project Galaxy

Project Galaxy (Binance: GALUSDT) 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, GAL began a red wave one advance on May 5. The red wave one peaked on May 6 and the red wave two (blue sub-waves a-b-c) correction ended on May 11. If this wave count is correct, GAL should be heading next towards the May 6 peak in the red wave three.

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

Funnymentals

Project Galaxy is on the mission to build an open, collaborative credential data network. Kalkine Media reviewed the project yesterday.

(Sources: https://galaxy.eco/)

How Will Project Galaxy Trade?

Project Galaxy (Binance: GALUSDT) 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.

GAL will takeout the May 6 peak

GAL will drop below the May 5 low

GAL will stay in a trading range between the May 5 low and the May 6 peak until June 19