Crypto Contest August 19: Tokamak Network

Tokamak Network (Upbit: TONKRW) 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, TON began a red wave one advance on November 4, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 2 this year and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, TON should be heading next towards the April 2 peak in the red wave three.

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

Funnymentals

Tokamak Network is a protocol platform for building and connecting layer 2 networks. You can read their latest bi-weekly report here.

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

How Will Tokamak Network Trade?

Tokamak Network (Upbit: TONKRW) daily 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.

TON will takeout the April 2, 2021 peak

TON will drop below the November 4, 2020 low

TON will stay in a trading range between the November 4, 2020 low and the April 2, 2021 peak until September 25