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Crypto Contest March 31: Osaka Protocol

maarnio - 2024-03-31 13:32:57

Osaka Protocol (Uniswap: OSAKUSD) has broken out of the triangle pattern in the daily chart.
https://i.postimg.cc/zX0RKmGY/Nimet-n.png
(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, OSAK began a red wave one advance on January 8. The red wave one peaked on January 17 and the red wave two correction ended on February 1. The red wave three finished on March 6 and the red wave four correction ended on March 27. If this wave count is correct, OSAK should be heading next towards the March 6 peak in the red wave five.
https://i.postimg.cc/fbB976K9/nimet-n2.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


Osaka protocol is a decentralized project that started with an airdrop for 30% of total supply to all people that sold SHIB before it went to moon. CryptoFaceless reviewed the project four months ago.



(Sources: https://osaka.win/)


How Will Osaka Protocol Trade?


Osaka Protocol (Uniswap: OSAKUSD) daily chart by Tradingview.
https://i.postimg.cc/L6VcX6DR/nimet-n3.png
(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


OSAK will takeout the March 6 peak


OSAK will drop below the January 8 low


OSAK will stay in a trading range between the January 8 low and the March 6 peak until May 6