Crypto Contest May 25: ONBUFF

ONBUFF (Huobi: ONITUSDT) 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, ONIT 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 24. If this wave count is correct, ONIT should be heading next towards the May 19 peak in the red wave three.

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

Funnymentals

ONBUFF monetizes IPs to games and NFTs. You can watch their intro video below.

(Sources: https://onbuff.com/)

How Will ONBUFF Trade?

ONBUFF (Huobi: ONITUSDT) 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.

ONIT will takeout the May 19 peak

ONIT will drop below the May 12 low

ONIT will stay in a trading range between the May 12 low and the May 19 peak until July 1