Crypto Contest September 1: Simon's Cat

Simon's Cat (KuCoin: CATUSDT) 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, CAT began a red wave one advance on August 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 26 and the red wave two (blue sub-waves a-b-c) correction ended on August 30. If this wave count is correct, CAT should be heading next towards the August 26 peak in the red wave three.

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

Funnymentals

Simon’s Cat Token is the officially endorsed memecoin, backed by full IP rights from the iconic Simon’s Cat brand. Seb Montgomery reviewed the project one week ago.

(Sources: https://www.simons.cat/)

How Will Simon's Cat Trade?

Simon's Cat (KuCoin: CATUSDT) 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

CAT will takeout the August 26 peak

CAT will drop below the August 30 low

CAT will stay in a trading range between the August 30 low and the August 26 peak until October 7

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