Crypto Contest October 22: Arowana Token

Arowana Token (Bittrex: ARWUSDT) 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, ARW began a red wave one advance on June 14. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 12 and the red wave two (blue sub-waves a-b-c) correction ended on October 11. If this wave count is correct, ARW should be heading next towards the August 12 peak in the red wave three.

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

Funnymentals

Arowana is a blockchain project utilizing smart contracts to connect the real world to digital space with the goal of complete implementation of Web 3.0. You can find their latest monthly update here.

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

How Will Arowana Token Trade?

Arowana Token (Bittrex: ARWUSDT) 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.

ARW will takeout the August 12 peak

ARW will drop below the June 14 low

ARW will stay in a trading range between the June 14 low and the August 12 peak until November 28