Crypto Contest September 3: Crust Network

Crust Network (Huobi: CRUUSDT) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, CRU began a red wave one advance in September 2020. The red wave one peaked in October 2020 and the red wave two correction ended in November 2020. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in April this year and the red wave four (blue sub-waves a-b-c) correction ended in July. If this wave count is correct, CRU should be heading next towards the April peak in the red wave five.

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

Funnymentals

Crust Network is developing decentralized cloud blockchain technology on Polkadot. You can check their latest weekly stats here.

(Sources: https://www.crust.network/)

How Will Crust Network Trade?

Crust Network (Huobi: CRUUSDT) weekly 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.

CRU will takeout the April peak

CRU will drop below the July low

CRU will stay in a trading range between the July low and the April peak until October 10