Crypto Contest December 6: Acute Angle Cloud

Acute Angle Cloud (OKEx: AACUSDT) 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, AAC began a red wave one advance on November 24. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 27 and the red wave two (blue sub-waves a-b-c) correction ended on December 4. If this wave count is correct, AAC should be heading next towards the November 27 peak in the red wave three.

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

Zooming out in the daily chart, I believe AAC is currently in the red wave three. The red wave one began on September 26 and the red wave two correction ended on November 24.

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

Funnymentals

Double-A Chain is a high-speed+low-cost blockchain network, an metaverse GameFi public chain. You can find their latest AMA here.

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

How Will Acute Angle Cloud Trade?

Acute Angle Cloud (OKEx: AACUSDT) four-hour 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.

AAC will takeout the November 27 peak

AAC will drop below the November 24 low

AAC will stay in a trading range between the November 24 low and the November 27 peak until January 13