Crypto Contest August 22: Metis

Metis (Bittrex: MTSUSDT) 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, MTS began a red wave one advance on August 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 14 and the red wave two (blue sub-waves a-b-c) correction could have ended today. If this wave count is correct, MTS should be heading next towards the August 14 peak in the red wave three.

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

Funnymentals

Metis is a decentralised education provider that uses blockchain to incentivize students to achieve their fullest potential. You can read their latest update here.

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

How Will Metis Trade?

Metis (Bittrex: MTSUSDT) 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.

MTS will takeout the August 14 peak

MTS will drop below the August 13 low

MTS will stay in a trading range between the August 13 low and the August 14 peak until September 28