Crypto Contest October 10: CUDOS

CUDOS (KuCoin: CUDOSUSDT) 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, CUDOS began a red wave one advance on July 16. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 12 and the red wave two (blue sub-waves a-b-c) correction ended on September 11. If this wave count is correct, CUDOS should be heading next towards the August 12 peak in the red wave three.

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

Funnymentals

CUDOS is a decentralised compute network. You can check their latest AMA below.

(Sources: https://www.cudos.org/)

How Will CUDOS Trade?

CUDOS (KuCoin: CUDOSUSDT) 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.

CUDOS will takeout the August 12 peak

CUDOS will drop below the July 16 low

CUDOS will stay in a trading range between the July 16 low and the August 12 peak until November 17