Crypto Contest August 30: BNS Token

BNS Token (KuCoin: BNSUSDT) 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, BNS began a red wave one advance on July 31. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 19, and the red wave two (blue sub-waves a-b-c) correction ended on August 28. If this wave count is correct, BNS should be heading next towards the August 19 peak in the red wave three.

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

Funnymentals

BNS brings you the power to spend your cryptocurrency funds for bill payments, shopping, banking, and even international remittances. You can watch their intro video below.

(Sources: https://bitbns.com/bns/)

How Will BNS Token Trade?

BNS Token (KuCoin: BNSUSDT) 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.

BNS will takeout the August 19 peak

BNS will drop below the August 12 low

BNS will stay in a trading range between the August 12 low and the August 19 peak until October 5