Crypto Contest October 20: Constellation

Constellation (KuCoin: DAGUSDT) 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, DAG began a red wave one advance on September 28. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 4 and the red wave two (blue sub-waves a-b-c) correction ended on October 19. If this wave count is correct, DAG should be heading next towards the October 4 peak in the red wave three.

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

Funnymentals

Constellation (DAG) is a protocol that uses a directed acyclic graph architecture to achieve a consensus that is, in theory, is capable of infinite scalability. On The Go Crypto reviewed the project four days ago.

(Sources: https://constellationnetwork.io/)

How Will Constellation Trade?

Constellation (KuCoin: DAGUSDT) 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

DAG will takeout the October 4 peak

DAG will drop below the September 28 low

DAG will stay in a trading range between the September 28 low and the October 4 peak until November 26