Crypto Contest November 9: Xbullion SILV

xbullion SILV (Bittrex: XSILVUSDT) 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, XSILV began a red wave one advance on October 2. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 22 and the red wave two (blue sub-waves a-b-c) correction ended on November 4. If this wave count is correct, XSILV should be heading next towards the October 22 peak in the red wave three.

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

Funnymentals

Each xbullion SILV token is secured by 1 gram of 999/LBMA physical silver which is directly owned by the token holder. You can find their whitepaper here.

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

How Will xbullion SILV Trade?

xbullion SILV (Bittrex: XSILVUSDT) 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 (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.

XSILV will takeout the October 22 peak

XSILV will drop below the October 2 low

XSILV will stay in a trading range between the October 2 low and the October 22 peak until December 17