Crypto Contest July 5: Akash Network

Akash Network (Bittrex: AKTBTC) 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, AKT began a red wave one advance on June 14. The red wave one peaked on June 21 and the red wave two correction ended on June 22. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on June 26 and the red wave four (blue sub-waves a-b-c) correction ended on July 4. If this wave count is correct, AKT should be heading next towards the June 26 peak in the red wave five.

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

Funnymentals

Akash Network is a decentralized and open-source cloud. Bittrex Global interviewed the CEO two weeks ago.

(Sources: https://akash.network/)

How Will Akash Network Trade?

Akash Network (Bittrex: AKTBTC) daily 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.

AKT will takeout the June 26 peak

AKT will drop below the June 14 low

AKT will stay in a trading range between the June 14 low and the June 26 peak until August 11