Crypto Contest May 21: WallStreetBets DApp

WallStreetBets DApp (OKX: WSBUSDT) 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, WSB began a red wave one advance on May 12. The red wave one peaked on May 13 and the red wave two correction ended on May 14. The red wave three advance finished on May 17 and the red wave four correction ended on May 19. If this wave count is correct, WSB should be heading next towards the May 17 peak in the red wave five.

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

Funnymentals

WSB DApp is a community-owned and operated decentralized version of r/wallstreetbets. You can check their latest community call below.

(Sources: https://www.wsbdapp.com/)

How Will WallStreetBets DApp Trade?

WallStreetBets DApp (OKX: WSBUSDT) 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.

WSB will takeout the May 17 peak

WSB will drop below the May 12 low

WSB will stay in a trading range between the May 12 low and the May 17 peak until June 27