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Crypto Contest January 27: MAP Protocol

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@maarnio
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MAP Protocol (KuCoin: MAPUSDT) 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, MAP began a red wave one advance on October 8, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 17, 2020 and the red wave two (blue sub-waves a-b-c) correction ended on November 17, 2020. If this wave count is correct, MAP should be heading next towards the October 17, 2020 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))

Funnymentals

MAP Protocol is an open, fully decentralized, chain-to-chain interoperation protocol that enables the interoperability of multiple independently verifiable consensus blockchains without a relay chain. You can read their latest weekly report here. (Sources: https://www.maplabs.io/)

How Will MAP Protocol Trade?

MAP Protocol (KuCoin: MAPUSDT) 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.

MAP will takeout the October 17, 2020 peak

MAP will drop below the October 8, 2020 low

MAP will stay in a trading range between the October 8, 2020 low and the  October 17, 2020 peak until March 5

Posted Using LeoFinance Beta