Crypto Contest September 1: Chain Guardians

Chain Guardians (KuCoin: CGGUSDT) 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, CGG began a red wave one advance on August 27. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 29 and the red wave two (blue sub-waves a-b-c) correction ended on August 31. If this wave count is correct, CGG should be heading next towards the August 29 peak in the red wave three.

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

Zooming out in the daily chart, I believe CGG is currently in the red wave three (blue sub-wave iii). The red wave one began on June 27 and the red wave two correction ended on August 19.

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

Funnymentals

Chain Guardians is a decentralized sci-fi and anime inspired gaming universe. Volkin - Crypto NFT Gaming reviewed the project today.

(Sources: https://chainguardians.io/)

How Will Chain Guardians Trade?

Chain Guardians (KuCoin: CGGUSDT) 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.

CGG will takeout the August 29 peak

CGG will drop below the August 27 low

CGG will stay in a trading range between the August 27 low and the August 29 peak until October 8