Crypto Contest September 13: Shiden Network

Shiden Network (KuCoin: SDNETH) 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, SDN began a red wave one advance on September 8. The red wave one peaked on September 9 and the red wave two correction ended on September 10. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on September 11 and the red wave four (blue sub-waves a-b-c) correction ended on September 13. If this wave count is correct, SDN should be heading next towards the September 11 peak in the red wave five.

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

Funnymentals

Shiden Network is a multi-chain decentralized application layer on Kusama Network. STOCK INVESTOR reviewed the project three days ago.

(Sources: https://shiden.astar.network/)

How Will Shiden Network Trade?

Shiden Network (KuCoin: SDNETH) 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.

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.

SDN will takeout the September 11 peak

SDN will drop below the September 8 low

SDN will stay in a trading range between the September 8 low and the September 11 peak until October 20