Crypto Contest August 8: QuickSwap

QuickSwap (Uniswap: QUICKUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, QUICK began a red wave one advance on April 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 30 and the red wave two (blue sub-waves a-b-c) correction ended on July 20. If this wave count is correct, QUICK should be heading next towards the April 30 peak in the red wave three.

(Chart courtesy of Tradingview.com)

Funnymentals

QuickSwap is next-gen layer 2 DEX. You check their latest stats here.

(Sources: https://info.quickswap.exchange/)

How Will QuickSwap Trade?

QuickSwap (Uniswap: QUICKUSD) daily chart by Tradingview.

(Chart courtesy of Tradingview.com)

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.

QUICK will takeout the April 30 peak

QUICK will drop below the April 15 low

QUICK will stay in a trading range between the April 15 low and the April 30 peak until September 14