Crypto Contest August 2: Coin98

Coin98 (Binance: C98BTC) 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, C98 began a red wave one advance on July 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 24 and the red wave two (blue sub-waves a-b-c) correction ended on July 30. If this wave count is correct, C98 should be heading next towards the July 24 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))

Funnymentals

Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking and yield farming. You can read their latest update here. (Sources: https://www.coin98.com/)

How Will Coin98 Trade?

Coin98 (Binance: C98BTC) four-hour chart by Tradingview. (Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

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.

C98 will takeout the July 24 peak

C98 will drop below the July 23 low

C98 will stay in a trading range between the July 23 low and the July 24 peak until September 8

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