Crypto Contest May 31: Euler

Euler (KuCoin: EULUSDT) 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, EUL began a red wave one advance on March 16. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 25 and the red wave two (blue sub-waves a-b-c) correction ended on May 13. If this wave count is correct, EUL should be heading next towards the March 25 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Euler is a non-custodial protocol on Ethereum that allows users to lend and borrow almost any crypto asset. Financial Wise reviewed the Euler news two months ago.

(Sources: https://www.euler.finance/)

How Will Euler Trade?

Euler (KuCoin: EULUSDT) 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

EUL will takeout the March 25 peak

EUL will drop below the March 16 low

EUL will stay in a trading range between the March 16 low and the March 25 peak until July 6