Crypto Contest August 6: Meta Monopoly

Meta Monopoly (Uniswap: MONOPOLYUSD) 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, MONOPOLY began a red wave one advance on July 31. The red wave one peaked on July 31 and the red wave two (blue sub-waves a-b-c) correction ended on August 5. If this wave count is correct, MONOPOLY should be heading next towards the July 31 peak in the red wave three.

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

Funnymentals

Meta Monopoly is a "cutting-edge" digital platform that seamlessly merges the world of gaming with blockchain technology. It seems like they have done the legal work.

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

How Will Meta Monopoly Trade?

Meta Monopoly (Uniswap: MONOPOLYUSD) 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

MONOPOLY will takeout the July 31 peak

MONOPOLY will drop below the July 31 low

MONOPOLY will stay in a trading range between the July 31 low and the July 31 peak until September 11