Crypto Contest July 28: Tribe

Tribe (Binance: TRIBEUSDT) 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, TRIBE began a red wave one advance on July 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 23 and the red wave two (blue sub-waves a-b-c) correction ended on July 27. If this wave count is correct, TRIBE should be heading next towards the July 23 peak in the red wave three.

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

Funnymentals

Tribe is the governance token for the FEI algorithmic stablecoin. Wolf Lopez reviewed the project one month ago.

(Sources: https://fei.money/)

How Will Tribe Trade?

Tribe (Binance: TRIBEUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

TRIBE will takeout the July 23 peak

TRIBE will drop below the July 13 low

TRIBE will stay in a trading range between the July 13 low and the July 23 peak until September 3