Crypto Contest August 30: Alpaca Finance

Alpaca Finance (KuCoin: ALPACAUSDT) 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, ALPACA began a red wave one advance on June 26. The red wave one peaked on July 4 and the red wave two correction ended on July 20. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on August 17 and the red wave four (blue sub-waves a-b-c) correction ended on August 27. If this wave count is correct, ALPACA should be heading next towards the August 17 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Alpaca Finance offers leveraged yield farming. You can watch their latest fireside chat below.

(Sources: https://www.alpacafinance.org/)

How Will Alpaca Finance Trade?

Alpaca Finance (KuCoin: ALPACAUSDT) 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.

ALPACA will takeout the August 17 peak

ALPACA will drop below the June 26 low

ALPACA will stay in a trading range between the June 26 low and the August 17 peak until October 6