Crypto Contest August 6: Ambire Wallet

Ambire Wallet (Gate.io: WALLETUSDT) 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, WALLET began a red wave one advance in December 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in January this year and the red wave two (blue sub-waves a-b-c) correction ended on July 8. If this wave count is correct, WALLET should be heading next towards the January peak in the red wave three.

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

Funnymentals

Ambire Wallet is a "new-generation", full-featured cryptocurrency wallet designed for anyone from the absolute beginner in crypto to the crypto- and DeFi-savvy users. You can find their whitepaper here.

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

How Will Ambire Wallet Trade?

Ambire Wallet (Gate.io: WALLETUSDT) 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

WALLET will takeout the April peak

WALLET will drop below the July low

WALLET will stay in a trading range between the July low and the April peak until September 11