Crypto Contest September 5: DAO Maker

DAO Maker (KuCoin: DAOUSDT) 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, DAO began a red wave one advance on July 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 8 and the red wave two (blue sub-waves a-b-c) correction ended on September 1. If this wave count is correct, DAO should be heading next towards the August 8 peak in the red wave three.

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

Funnymentals

DAO Maker is a platform that aims to redefine venture capital for the masses, by providing scalable technologies and funding support to tokenized startups. Crypto With Leo reviewed the project eight months ago.

(Sources: https://daomaker.com/)

How Will DAO Maker Trade?

DAO Maker (KuCoin: DAOUSDT) 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.

DAO will takeout the August 8 peak

DAO will drop below the July 6 low

DAO will stay in a trading range between the July 6 low and the August 8 peak until October 12