Crypto Contest July 18: Gitcoin

Gitcoin (Binance: GTCUSDT) 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, GTC began a red wave one advance on June 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 29 and the red wave two (blue sub-waves a-b-c) correction ended on July 17. If this wave count is correct, GTC should be heading next towards the June 29 peak in the red wave three.

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

Funnymentals

Gitcoin is where communities unite to build and fund the open web. You can watch their latest grants round below.

(Sources: https://gitcoin.co/)

How Will Gitcoin Trade?

Gitcoin (Binance: GTCUSDT) 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.

GTC will takeout the June 29 peak

GTC will drop below the June 22 low

GTC will stay in a trading range between the June 22 low and the June 29 peak until August 24