Crypto Contest August 8: #MetaHash

#MetaHash (KuCoin: MHCUSDT) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, MHC began a red wave one advance on March 13. The red wave one finished on April 9, and the red wave two correction ended on April 19. I believe MHC is currently in the red wave three (blue sub-wave v) which should takeout the July 22 peak (blue sub-wave iii peak).

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

Funnymentals

#MetaHash is a decentralized network for digital asset exchange and a platform for building decentralized applications that work in real time. You can watch their intro video below.

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

How Will #MetaHash Trade?

#MetaHash (KuCoin: MHCUSDT) daily chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

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.

MHC will takeout the July 22 peak

MHC will drop below the June 14 low

MHC will stay in a trading range between the June 14 low and the July 22 peak until September 13