Crypto Contest March 16: Ocean Protocol

Ocean Protocol (Binance: OCEANUSDT) 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, OCEAN began a red wave one advance on November 21, 2022. The red wave one peaked on December 12 and the red wave two correction ended on December 19. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on February 7 this year and the red wave four (blue sub-waves a-b-c) correction ended on March 10. If this wave count is correct, OCEAN should be heading next towards the February 7 peak in the red wave five.

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

Funnymentals

Ocean Protocol is a privacy-preserving data sharing protocol for AI and the new data economy. Minted Max reviewed the project one week ago.

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

How Will Ocean Protocol Trade?

Ocean Protocol (Binance: OCEANUSDT) 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.

OCEAN will takeout the February 7 peak

OCEAN will drop below the March 10 low

OCEAN will stay in a trading range between the March 10 low and the February 7 peak until April 22