Crypto Contest August 9: Bounce Token

Bounce Token (Binance: AUCTIONUSDT) 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, AUCTION began a red wave one advance on June 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 27 and the red wave two (blue sub-waves a-b-c) correction ended on August 7. If this wave count is correct, AUCTION should be heading next towards the July 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Bounce’s fully decentralized auction platform uses blockchain technology to ensure more transparent, efficient, and accessible auctioning, bidding, and buying processes for Web3 users. Crypto With James reviewed the project eleven days ago.

(Sources: https://www.bounce.finance/)

How Will Bounce Token Trade?

Bounce Token (Binance: AUCTIONUSDT) 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

AUCTION will takeout the July 27 peak

AUCTION will drop below the June 15 low

AUCTION will stay in a trading range between the June 15 low and the July 27 peak until September 14