Crypto Contest July 3: LGCY Network

LGCY Network (Gate.io: LGCYUSDT) 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, LGCY began a red wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 26 and the red wave two (blue sub-waves a-b-c) correction ended on June 30. If this wave count is correct, LGCY should be heading next towards the June 26 peak in the red wave three. (Chart courtesy of Tradingview.com(log scale))

Funnymentals

LGCY (Legacy) Network is a Layer 1, DPOS, decentralized network. Capable of handling over 10.000 transactions per second at a minimal cost. Crypto Investorgators reviewed the project two months ago.

(Sources: https://lgcy.network/)

How Will LGCY Network Trade?

LGCY Network (Gate.io: LGCYUSDT) 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.

LGCY will takeout the June 26 peak

LGCY will drop below the June 18 low

LGCY will stay in a trading range between the June 18 low and the June 26 peak until August 9

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