Crypto Contest August 16: Bitcoin20

Bitcoin20 (Uniswap: BTC20USD) 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, BTC20 began a red wave one advance on August 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 13 and the red wave two (blue sub-waves a-b-c) correction ended on August 15. If this wave count is correct, BTC20 should be heading next towards the August 13 peak in the red wave three.

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

Funnymentals

Bitcoin20 is the green ERC-20 version of Bitcoin on Ethereum. Cilinix Crypto reviewed the project three weeks ago.

(Sources: https://www.btc20.com/)

How Will Bitcoin20 Trade?

Bitcoin20 (Uniswap: BTC20USD) four-hour 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

BTC20 will takeout the August 13 peak

BTC20 will drop below the August 10 low

BTC20 will stay in a trading range between the August 10 low and the August 13 peak until September 21