Crypto Contest November 1: BABB

BABB (KuCoin: BAXUSDT) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, BAX began a red wave one advance in November 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in March this year and the red wave two (blue sub-waves a-b-c) correction ended in September. If this wave count is correct, BAX should be heading next towards the March peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Babb is using technology to bypass traditional banking networks and expensive 3rd parties to facilitate borderless P2P transactions across the globe. Crypto Growth reviewed the project two weeks ago.

(Sources: https://getbabb.com/)

How Will BABB Trade?

BABB (KuCoin: BAXUSDT) daily 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

BAX will takeout the August 11 peak

BAX will drop below the September 29 low

BAX will stay in a trading range between the September 29 low and the August 11 peak until December 8