Crypto Contest September 27: Mina

Mina (Kraken: MINAUSD) 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, MINA began a red wave one advance on July 21. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 14 and the red wave two (blue sub-waves a-b-c) correction ended on September 26. If this wave count is correct, MINA should be heading next towards the September 14 peak in the red wave three.

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

Funnymentals

Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Coin Bureau reviewed the project three months ago.

(Sources: https://minaprotocol.com/)

How Will Mina Trade?

Mina (Kraken: MINAUSD) 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.

MINA will takeout the September 14 peak

MINA will drop below the July 21 low

MINA will stay in a trading range between the July 21 low and the September 14 peak until November 4