Crypto Contest September 1: LayerAI

LayerAI (KuCoin: LAIUSDT) 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, LAI began a red wave one advance on June 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 5 and the red wave two (blue sub-waves a-b-c) correction ended on August 24. If this wave count is correct, LAI should be heading next towards the July 5 peak in the red wave three.

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

Funnymentals

LayerAI is the ZK Layer-2 blockchain that powers the AI revolution. Crypto Gains reviewed the project two months ago.

(Sources: https://layerai.org/)

How Will LayerAI Trade?

LayerAI (KuCoin: LAIUSDT) 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

LAI will takeout the July 5 peak

LAI will drop below the June 13 low

LAI will stay in a trading range between the June 13 low and the July 5 peak until October 7