Crypto Contest July 12: Commune AI

Commune AI (MEXC: COMAIUSDT) 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, COMAI began a red wave one advance on June 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 26 and the red wave two (blue sub-waves a-b-c) correction ended on July 5. If this wave count is correct, COMAI should be heading next towards the June 26 peak in the red wave three.

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

Funnymentals

Commune AI is a protocol and market system for incentive-driven coordination of decentralized AI. You can watch their latest news here.

(Sources: https://communeai.org/)

How Will Commune AI Trade?

Commune AI (MEXC: COMAIUSDT) 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

COMAI will takeout the June 26 peak

COMAI will drop below the June 23 low

COMAI will stay in a trading range between the June 23 low and the June 26 peak until August 17