Crypto Contest April 10: UniLend

UniLend (CRYPTO: UFTUSD) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, UFT began a red wave one advance on December 30, 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 22 this year and the red wave two (blue sub-waves a-b-c) correction ended on March 11. If this wave count is correct, UFT should be heading next towards the February 22 peak in the red wave three.

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

Funnymentals

UniLend is a multichain protocol for lending & borrowing all ERC20 tokens permissionlessly. You can watch their March recap below.

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

How Will UniLend Trade?

UniLend (CRYPTO: UFTUSD) daily 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.

UFT will takeout the February 22 peak

UFT will drop below the December 30 low

UFT will stay in a trading range between the December 30 low and the February 22 peak until May 16