Crypto Contest October 5: PumaPay

PumaPay (Bittrex: PMAUSDT) 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, PMA began a red wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 14, and the red wave two (blue sub-waves a-b-c) correction ended on September 25. If this wave count is correct, PMA should be heading next towards the August 14 peak in the red wave three.

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

Funnymentals

PumaPay is powering the payment ecosystem with blockchain technology. You can read their road map here.

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

How Will PumaPay Trade?

PumaPay (Bittrex: PMAUSDT) 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.

PMA will takeout the August 14 peak

PMA will drop below the June 18 low

PMA will stay in a trading range between the June 18 low and the August 14 peak until November 11