Crypto Contest September 8: AZTEC City Of Gold

AZTEC City of Gold (Uniswap: AZTECUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, AZTEC began a red wave one advance on July 27. The red wave one peaked on August 11 and the red wave two correction ended on August 15. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on August 23 and the red wave four (blue sub-waves a-b-c) correction ended on September 4. If this wave count is correct, AZTEC should be heading next towards the August 23 peak in the red wave five.

(Chart courtesy of Tradingview.com)

Funnymentals

The City of Gold project aims to create utility in all-market conditions by supplying dividends generated via MEV, Sybil, sandwiching, and other strategies.

(Sources: https://cityofgold.xyz/)

How Will AZTEC Trade?

AZTEC City of Gold (Uniswap: AZTECUSD) daily chart by Tradingview.

(Chart courtesy of Tradingview.com)

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.

AZTEC will takeout the August 23 peak

AZTEC will drop below the July 27 low

AZTEC will stay in a trading range between the July 27 low and the August 23 peak until October 15