Crypto Contest November 2: Cola Token

Cola Token (Bithumb: COLAKRW) 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, COLA began a red wave one advance on October 15. The red wave one peaked on October 24 and the red wave two correction ended on October 27. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on October 29 and the red wave four (blue sub-waves a-b-c) correction ended on October 31. If this wave count is correct, COLA should be heading next towards the October 29 peak in the red wave five.

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

Funnymentals

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(Sources: https://www.colawork.com/)

How Will Cola Token Trade?

Cola Token (Bithumb: COLAKRW) 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 (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.

COLA will takeout the October 29 peak

COLA will drop below the October 27 low

COLA will stay in a trading range between the October 27 low and the October 29 peak until December 10