Crypto Contest September 2: Paparazzi

Paparazzi (KuCoin: PAZZIUSDT) 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, PAZZI began a red wave one advance on June 23. The red wave one ended on July 22, and the red wave two (blue sub-waves a-b-c) correction finished on August 27. If this wave count is correct, PAZZI should be heading next towards the July 22 peak in the red wave three.

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

Funnymentals

Paparazzi is a photo-centric blockchain-based platform to provide a seamless process of capturing, sharing, and trading a graphic memory. You can read their latest official announcement here.

(Sources: http://pazzi.io/)

How Will Paparazzi Trade?

Paparazzi (KuCoin: PAZZIUSDT) 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.

PAZZI will takeout the August 19 peak

PAZZI will drop below the June 23 low

PAZZI will stay in a trading range between the June 23 low and the August 19 peak until October 8