Crypto Contest July 13: Tokoin

Tokoin (KuCoin: TOKOUSDT) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, TOKO began a red wave one advance on June 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 18, and the red wave two (blue sub-waves a-b-c) correction ended on July 9. If this wave count is correct, TOKO should be heading next towards the June 18 peak in the red wave three.

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

Funnymentals

Tokoin is a blockchain-based cryptocurrency platform that establishes identity and reputation for MSMEs to access business solutions. You can watch their intro video below.

(Sources: https://www.tokoin.io/)

How Will Tokoin Trade?

Tokoin (KuCoin: TOKOUSDT) 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.

TOKO will takeout the June 18 peak

TOKO will drop below the June 4 low

TOKO will stay in a trading range between the June 4 low and the June 18 peak until August 18